Globalization without the U.S.
There is a new global phenomenon that the U.S. media largely have ignored, but that may have a big impact in the future: Call it “globalization of the rest of the world,” or “globalization without the United States.” While President Trump has withdrawn from some of the world’s biggest agreements — such as the 12-nation Trans-Pacific Partnership (TPP) trade deal and the 195-country Paris climate accord — and has announced tariffs on European, Canadian and Mexican goods, the rest of the world is signing major agreements that bypass the United States: On June 28, the ...