Globalisation was under threat even before the pandemic. US President Donald Trump set the tone by declaring himself "tariff man", imposing bogus "national security" tariffs on steel and aluminium imports from allies while launching a trade war with China and eviscerating the WTO Appellate Body.
But Trump was not alone in attacking the global trading system.
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Gary Clyde Hufbauer is a non-resident senior fellow at the Peterson Institute of International Economics.
Euijin Jung is a Research Fellow at the Peterson Institute of International Economics.
