“Everything is about national security. It is about mercantilism. It is about friend‑shoring,” she says. “We went from just-in-time to just-in-case, getting resources from where we think is most secure.” For those reasons, she is a pessimist about the near-term future of free trade: “The efficiency of trade and globalization, low tariffs and efficiency, is not part of the equation.”
“Invader Now” (Fumihiro Nonomura)
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