Understanding America’s Retreat From Globalization
U.S. trade policy has turned inward. Since World War II the United States was the leading force for globalization and trade liberalization. Over the last decade, however, America has retreated from that role, and is actually in some ways rejecting increased global trade integration.
What accounts for this dramatic turn? Writing in The Korea Times, Rob Atkinson argues that to really understand what has happened dismayed globalization advocates should start by looking at the divergence in how damaging China’s rise has been for the United States compared to Europe.
If the globalists want Americans to trust them again, they would be better off stopping the insults and fixing the very real trade and globalization problems facing America today.