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America's delayed backlash to globalization

Presidents Donald Trump and Xi Jinping.
Presidents Donald Trump and Xi Jinping. Photo: Jim Watson / AFP / Getty Images

The backlash to globalization is coming "at exactly the wrong time," the New York Times reports.

Why it matters: President Trump's new tariffs, on steel and aluminum and most recently against China, are working to "re-set the terms of the global economy," the NYT reports. But the globalization the world is seeing today is not focused on goods and services, but "greater connectivity and communication."