Beyond globalisation
FINALLY, it is happening through the US president’s executive orders — closure of USAID, the start of a tariff war to balance the trade deficit, challenging of trade liberalisation and breaking away from global value chains.
The US has managed to disrupt global markets by unilaterally altering the terms of trade in the name of reciprocity for the world’s largest consumer market.
In disrespect to the governing rules of the WTO and internal Congressional processes, this executive order...