Globalization in the Age of Trump: Protectionism will change how companies do business

Globalization in the age of Trump 1
GLOBALIZATION IN THE AGE OF TRUMP
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Globalization in the age of Trump 2
Introduction
This research paper critically examines article entitled ‘Globalization in the Age of
Trump’ published by Ghemawat Pankaj. Variations in regions and amount of local rivalry have
given rise to different organizations to benefit from the adaptation plan excessively. Global
organization needs to concentrate on utilization of other global strategies, not present to locals
that include aggregation and arbitrage (Ghemawat 2017, p. 16). The impact that comes with the
continuous changes in globalization is not that significant, and globalization is therefore not lost.
All organization that operates in different markets has to rely on idea of globalization
(Ghemawat 2017, p. 297). Trump during his presidential campaign blamed different people such
as immigrant for having massive impact on trade operations around the US. Therefore, principal
aim of this research article is to discuss ideas as they are presented in the section entitled
“Globalization in the Age of Trump” with comparison to other literature works.
Trump regulation and its effect on globalization
There is so much for business leaders to take advantage of as well as to deal with
complete shuttering of global trade to expand outside their national territory. Trump worked to
discuss new two-sided deals that aimed at promoting American industry while protecting
workers within the US while raising American wages (Selliva 2018, p. 13). The critical concept
during the campaign by Donald Trump was to ensure that people within the community
concentrate on ideas of practicing globalization in way that tend to minimize harm while
maximizing benefit among companies and states.
Trump was able to trigger war on international trade, where the policies he proposed tend
to be against standing of US as the most exceptional global leader in business operations (Mason
2018, p. 27). Trump regulation has made business leaders scramble with the aim of adjusting in

Globalization in the age of Trump 3
their actions. Laws have made the fiction of the world that is borderless to come rolling down.
Moreover, cases of established posts of open marketplaces within US and UK are now shaking,
and China is posing its operations as staunchest defender of instances of globalization (Godson
and Wirtz 2014, p. 5). Two major issues that were underlined during the campaign include weak
growth in average household since the twist of the century. The other reasons include continued
loss of jobs in sector that deals with manufacturing and manifest wealth of the top one percent
revenue collection (Ball 2018, p. 26). Globalization has conveyed considerable profit to various
financial systems around the US, and its influence on competitiveness of corporations in
developing nations remains a substantial challenge.
Protectionism in relation to globalization
The merits from global trade far outweigh any feasible economic forecast that can be
attained through Protectionism. Although there are advantages and disadvantages to both, there
is no denying that globalization has had the massive impact on global technological
advancement, and without global business, people would fail to attain the vital advancements
required to obtain different species. On a diverse tack, certain ecologists worry that global
organizations may escape ecological safety regulations by moving their invention to nations with
free or fictional contamination standards for duties. Some politicians worry that their country
may become overly dependent on vital imported goods (Yemini 2017, p. 293). All of these fears
affect authority to reach similar fundamental policy conclusion. The conclusion aimed at
protecting national interests that looked at whether trade, jobs, or safety, imports of overseas
goods should be controlled.
Different authorities are encouraged to limit and alter outcomes of market for social or
political ends. While authorities can limit the rise in costs of some commodities, they cannot