Trump has purposefully stalled the process of globalization, and is resetting global supply chains. This is bringing massive amounts of wealth back to the US in 3 several ways:
- Repatriating wealth (trade policy), and blocking exfiltration (main street policy),
- Creating new economic alliances based on reciprocity (bilateral deals),
- Dismantling the post WWII Marshall Plan of global trade and 1 way tariffs (de-globalization).
Trump just started the process, UK with Johnson could next. In my opinion sooner or later the rest of the World will follow, since this 2 countries are still the ones that set trends in economics and trade.
Comments by Luis G de la Fuente