Globalization and the Dollar

Globalization and the Dollar

From cmegroup.com

Back in 2017 when the U.S. embarked on withdrawing from multi-lateral treaties and then imposing tariffs on many imported goods across a wide range of major trading partners including China and the European Union, it looked like the pendulum of change was swinging away from globalization to enter an era of de-globalization. Four years later, the reality is quite different. chart Globalization is alive and well, just in an altered form. What is happening is that trade patterns are being re-arranged. This is occurring not only due to the end of the post-WWII era of “Pax Americana” defined by US economic and ... (full story)

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