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The U.S. has more sectors of the economy that are highly reliant on Chinese imports than the other way around.
Thanks to President Trump’s new round of international tariffs, the global economy is now at the risk of unraveling. This is ...
and unleash forces that result in better government and corporate governance. These collateral benefits could enhance efficiency and, by extension, total factor productivity growth. The notion that ...
The United States is abandoning the economic system that made it rich and powerful, gambling that it can become more ...
It was therefore not the result of trade liberalization. In the pre-1913 period of globalization, the role of the state increased rather than decreased. The total ratios of trade to GDP are, however, ...
This may result in alienation and frustration and, potentially, in crime and social strife. 6. Young people around the world show concern about the negative consequences of globalization ...
“The idea of globalization was that rich countries would ... practices and sometimes employees as a result. “Now, we assume that other nations would always trail us in the value chain.
He further stated that President Trump’s attempts to reverse globalization would result in a redirection of inflation from financial markets to the real economy. This could lead to a collapse in ...
Speaking at the White House on Monday, U.S. President Donald Trump touted the move as the direct result of his tariff policy.
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