Globalisation as we have known it is over and the world as we knew it is gone. This is the view of Sir Keir Starmer and Labour, advanced over the past fortnight. The prime minister’s grand statements are seeking to acknowledge — and echo — the vast and rapid shifts in global trade and co-operation instituted by President Trump in recent weeks. With his sweeping tariff announcements, Trump really does appear to have called time on decades of relatively free trade across the globe, particularly between America and its rising superpower rival in Beijing. Last Saturday, having raised tariffs on Chinese goods coming into America to 145 per cent, Trump performed one of his customary


Source:   The Times
April 19, 2025 23:54 UTC