The world is headed for re-globalization not de-globalization, as ‘coalitions of the willing’ emerge, Mastercard chair and former USTR official says

Amid massive disruptions to global trade, the world is realigning itself as countries look to integrate more regionally, according to Mastercard chair Merit Janow.

At the Fortune Global Forum in Riyadh, Saudi Arabia, on Monday, she said trade has actually remained resilient, even as the world muddles through a period of fragmentation and heightened uncertainty.

“Deregulation, re-globalization rather than massive de-globalization, I think, is what’s happening,” said Janow, who...