Globalization is waning, and a US-China trade deal won't solve that, strategist says

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Globalization is waning, and a US-China trade deal won't solve that, strategist says
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Peak globalization has actually already come and gone, according to David Roche, president and global strategist at London-based Independent Strategy.

"The actual reversal of globalization started over seven years ago," well before the rise of U.S. President

"Globalization is on a back foot, it's not the trade deal with China, a trade deal agreement which would flip the switch and turn on the motor again — the damage has been done," he added. "There is no way going forward that China is able to grow by using international trade. It is going to grow more domestically."

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