The End of Globalism Where China and the United States Go From Here

https://www.foreignaffairs.com/articles/united-states/2016-12-02/end-globalism

December 2, 2016

The End of Globalism

Where China and the United States Go From Here

By Eric X. Li

When it rains, it pours. As the Great Recession, eurozone crisis, stalled trade deals, increased conflict between Russia and the West, electoral revolts against European political elites, and finally Brexit followed the 2008 financial meltdown, the fact that globalization was running out of steam should have been obvious to all. Yet most of its converts were blind, and even the fiercest rebels against globalization never expected to claim the top prize—the White House—and so soon.
World powers are now scrambling to react to Donald Trump’s paradigm-shifting election as president of the United States. Japanese Prime Minister Shinzo Abe, after repeatedly expressing concern about a potential Trump presidency and pointedly meeting with only Hillary Clinton before the election, rushed to New York for face time with the president-elect. European leaders have been more ambivalent, with German Chancellor Angela Merkel even putting conditions on working with Trump. And the Russians have seemed downright gleeful; in a congratulatory note, Russian President Vladimir Putin wrote that Trump’s victory could bring “a constructive dialogue between Moscow and Washington on the principles of equality, mutual respect and real consideration.” https://www.foreignaffairs.com/articles/united-states/2016-12-02/end-globalism