Globalization continues—the widespread predictions of its death were wildly premature. But this is nothing to celebrate. The current round of globalization is in fact largely the product of “unhealthy ...
In 2023, the U.S. experienced a trade deficit of $773 billion, with China as its largest trade creditor. The U.S. trade deficit has steadily grown since 2009, regardless of which party held the ...
Foroohar is an assistant managing editor at TIME and the magazine’s economics columnist. She’s the author of Makers and Takers: The Rise of Finance and the Fall of American Business. Early this month, ...
Add Yahoo as a preferred source to see more of our stories on Google. Commerce Secretary Howard Lutnick told attendees at this year’s World Economic Forum that “globalization has failed the West,” ...
Despite a U.S.-driven trade war with China, voters turning to populism across the globe and the risk of a recession, reports of globalization’s demise are — at least for now — overblown. Washington’s ...
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Globalization Is Dead
Tariffs, Subsidies, and the Struggle to Shape the Next World Order: Antonio Gramsci, an Italian political thinker writing from a fascist prison cell in the 1930s, captured something timeless about ...
At the moment of writing, the fourth anniversary of Russia’s full-scale invasion of Ukraine is only four months away. At the same time, Israel has resumed bombing Gaza after the failure of a weak U.S.
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