<html><head><meta http-equiv="Content-Type" content="text/html charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><div style="margin: 0in 0in 0.0001pt; background-color: rgb(204, 0, 0);" class=""><font face="Calibri, sans-serif" class=""><span style="font-size: 15px; line-height: 24px;" class=""><a href="https://www.theglobalist.com/real-reasons-for-trump-anti-globalization-circus/" class="">https://www.theglobalist.com/real-reasons-for-trump-anti-globalization-circus/</a></span></font></div><p class="MsoNormal" style="margin: 0in 0in 9.6pt; font-size: 11pt; font-family: Calibri, sans-serif; background-color: white;"><span style="font-size: 24pt; font-family: Arial, sans-serif; color: rgb(204, 0, 0);" class="">The Real Reasons for Trump’s Anti-Globalization Circus<o:p class=""></o:p></span></p><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><b class=""><span style="font-size: 13.5pt; font-family: Arial, sans-serif; color: rgb(0, 0, 153);" class="">Trumponomics: How Trump skillfully used anti-globalization as bait to cover up his extremely neoliberal switch.<o:p class=""></o:p></span></b></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 0px; background-color: white;" class=""><span style="font-size: 1pt; font-family: 'Helvetica Neue'; color: white; border: 1pt none windowtext; padding: 0in;" class="">AddThis Sharing Buttons</span><span style="font-size: 1pt; font-family: 'Helvetica Neue'; color: white;" class=""><o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 0px; background-color: white;" class=""><span style="font-size: 1pt; font-family: 'Helvetica Neue'; color: white; border: 1pt none windowtext; padding: 0in;" class="">Share to Facebook</span><b class=""><span style="font-size: 7.5pt; font-family: Helvetica, sans-serif; color: rgb(50, 54, 59); text-transform: uppercase; background-color: rgb(235, 235, 235); background-position: initial initial; background-repeat: initial initial;" class="">17</span></b><span style="font-size: 1pt; font-family: 'Helvetica Neue'; color: white; border: 1pt none windowtext; padding: 0in;" class="">Share to TwitterShare to RedditShare to WhatsAppShare to LinkedIn</span><b class=""><span style="font-size: 7.5pt; font-family: Helvetica, sans-serif; color: rgb(50, 54, 59); text-transform: uppercase; background-color: rgb(235, 235, 235); background-position: initial initial; background-repeat: initial initial;" class="">4</span></b><span style="font-size: 1pt; font-family: 'Helvetica Neue'; color: white; border: 1pt none windowtext; padding: 0in;" class="">Share to EmailShare to Print</span><span style="font-size: 1pt; font-family: 'Helvetica Neue'; color: white;" class=""><o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">By <a href="https://www.theglobalist.com/author/tpalley/" title="Posts by Thomas I. Palley" style="color: rgb(149, 79, 114);" class=""><span style="font-family: 'Times New Roman', serif; color: rgb(0, 0, 153); text-decoration: none;" class="">Thomas I. Palley</span></a>, May 24, 2017<o:p class=""></o:p></span></div><p class="MsoNormal" style="margin: 0in 0in 9.6pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 12pt; background-color: rgb(204, 0, 0);"><b class=""><span style="font-size: 10.5pt; font-family: Arial, sans-serif; color: white;" class="">Takeaways<o:p class=""></o:p></span></b></p><ul type="disc" style="margin-bottom: 0in;" class=""><li class="MsoNormal" style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(51, 51, 51); background-color: white; background-position: initial initial; background-repeat: initial initial;"><span style="font-size: 12pt; font-family: Arial, sans-serif;" class="">Trump's racist nationalism also has broader political appeal because racism reaches well beyond the Republican base.<o:p class=""></o:p></span></li><li class="MsoNormal" style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(51, 51, 51); background-color: white; background-position: initial initial; background-repeat: initial initial;"><span style="font-size: 12pt; font-family: Arial, sans-serif;" class="">Trump exploited Americans' discontent by masquerading himself as a critic of the neoliberal economy.<o:p class=""></o:p></span></li><li class="MsoNormal" style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(51, 51, 51); background-color: white; background-position: initial initial; background-repeat: initial initial;"><span style="font-size: 12pt; font-family: Arial, sans-serif;" class="">The Trump narrative is that the U.S. is a victim, whereas it actually is the chief perpetrator.<o:p class=""></o:p></span></li><li class="MsoNormal" style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(51, 51, 51); background-color: white; background-position: initial initial; background-repeat: initial initial;"><span style="font-size: 12pt; font-family: Arial, sans-serif;" class="">Trump now intends to worsen the U.S. economy’s neoliberal proclivity to deliver income inequality.<o:p class=""></o:p></span></li></ul><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">A key element of Trump’s political success has been his masquerade of being pro-worker, which includes posturing as anti-globalization.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">However, his true economic interest is the exact opposite. That creates conflict between Trump’s political and economic interests.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">For political leaders around the world, understanding the calculus of that conflict is critical for understanding and predicting Trump’s economic policy, especially his international economic policy. <o:p class=""></o:p></span></div><p class="MsoNormal" style="margin: 0in 0in 9.6pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 12pt; background-color: white;"><b class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(0, 0, 153);" class="">How Trump succeeded<o:p class=""></o:p></span></b></p><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Trump’s political success was based on a two-sided attack on the establishment. First, he ratcheted up the existing Republican “illiberal” cultural values agenda into full-blown racist authoritarian nationalism. <o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Second, he captured the progressive critique of the neoliberal economy, especially the critique of globalization.<o:p class=""></o:p></span></div><p class="MsoNormal" style="margin: 0in 0in 9.6pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 12pt; background-color: white;"><b class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(0, 0, 153);" class="">Racist nationalism as gateway to the U.S. electorate<o:p class=""></o:p></span></b></p><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Trump’s ratcheting-up of the illiberal cultural values agenda enabled him to displace the Republican establishment.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">His extremism jumped him to the front of the Republican queue, which was critical in the primary process as that process engages the most extreme voters.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">However, his racist nationaism also has broader political appeal because racism reaches well beyond the Republican base, while nationalism has bipartisan establishment support.<o:p class=""></o:p></span></div><p class="MsoNormal" style="margin: 0in 0in 9.6pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 12pt; background-color: white;"><b class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(0, 0, 153);" class="">A very effective con artist<o:p class=""></o:p></span></b></p><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">The other side of Trump’s success was his capture of the progressive critique of the neoliberal economy and corporate-driven globalization.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">For four decades, the U.S. economy has short-changed working class voters via wage stagnation and manufacturing job loss. That has created discontent and disappointed expectations.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Trump exploited that discontent and disappointment by masquerading himself as a critic of the neoliberal economy and promising to make the economy work for working class Americans.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">In this regard, his capture of the globalization and deindustrialization debate is particularly important.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">That is because globalization and deindustrialization are the most public face of the U.S.-style neoliberal economy, being where the impact on wages and jobs has been most visible and tangible. <o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">By gaining credible ownership of the globalization critique (via his criticisms of off-shoring, China, and trade deals like NAFTA and TPP), Trump gained credibility for his claim to be on the side of working families.<o:p class=""></o:p></span></div><p class="MsoNormal" style="margin: 0in 0in 9.6pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 12pt; background-color: white;"><b class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(0, 0, 153);" class="">How the Democrats enabled Trump<o:p class=""></o:p></span></b></p><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Establishment Democrats handed Trump the opening to capture the globalization debate by pushing the Trans-Pacific Partnership (TPP) despite widespread voter opposition. For this, President Obama deserves special blame. <o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">That capture enabled Trump to create a new twisted narrative about neoliberal globalization which blames “foreigners and immigrants.” The Trump narrative is that the U.S. is a victim, whereas it – via the U.S. government and U.S. corporations — actually is the chief perpetrator.<o:p class=""></o:p></span></div><p class="MsoNormal" style="margin: 0in 0in 9.6pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 12pt; background-color: white;"><b class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(0, 0, 153);" class="">Scapegoating foreigners — to cover up for the billionaire class<o:p class=""></o:p></span></b></p><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">According to Trump’s rhetoric, the U.S. government has supposedly negotiated weak trade agreements and foreigners have cheated on those agreements. Simultaneously, illegal immigrants have flooded in and taken U.S. jobs and driven down wages. <o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">The reality is globalization has been “Made in the USA” by corporations, for the benefit of corporations, working in tandem with the U.S. Congress and successive administrations.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Trump’s new “blame it on ‘foreigners and immigrants'” narrative of globalization complements and feeds his racist nationalist cultural values agenda. With foreigners and immigrants supposedly to blame for the economic difficulties of U.S. workers, that provides the rationale for his xenophobic policies.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">In sum, Trump succeeded by outflanking the Republican establishment with his racist nationalist values agenda, and outflanking the Democratic establishment with his anti-globalization economic rhetoric. <o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">These two political manoeuvres constituted a coherent political strategy that enabled Trump to connect with reactionary voters while masquerading as being on workers’ side.<o:p class=""></o:p></span></div><p class="MsoNormal" style="margin: 0in 0in 9.6pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 12pt; background-color: white;"><b class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(0, 0, 153);" class="">Bait and switch<o:p class=""></o:p></span></b></p><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Trump’s representation as being on the side of workers stands in complete contradiction to his own interests as a billionaire businessman. His real metric of success is money and wealth.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Any notions of charitable inclination or notions of public service are but cover-up pretensions. The reality is Trump is engaged in a skillful “bait and switch” befitting a con artist.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">The bait was his critique of the economic establishment and globalization and the harm they have done to working class voters. The switch is he doubles-down on the U.S. brand of plutocratic neoliberalism. <o:p class=""></o:p></span></div><p class="MsoNormal" style="margin: 0in 0in 9.6pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 12pt; background-color: white;"><b class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(0, 0, 153);" class="">Manipulating people’s dark emotions<o:p class=""></o:p></span></b></p><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Trump’s racism, nationalism and authoritarianism also prove useful in making the switch. That is because they further fracture and distract the national political conversation, thereby covering up his tracks. <o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">His nefarious politics of prejudice also provide an ugly pay-off – a form of odious psychic income – to part of his electoral base.<o:p class=""></o:p></span></div><p class="MsoNormal" style="margin: 0in 0in 9.6pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 12pt; background-color: white;"><b class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(0, 0, 153);" class="">Showing his real hand<o:p class=""></o:p></span></b></p><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Given his lack of any history of government service, Trump could initially get away with this pro-worker masquerade.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">However, the realities of Trump’s economic policies have now become clear. All the evidence suggests he intends to worsen the U.S. economy’s neoliberal proclivity to deliver wage stagnation and income inequality. <o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">He achieves that by increasing the power of business and finance and by further dividing and intimidating workers.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Hence Trump’s tax policy aims to cut the tax rate on corporations and wealthy individuals. Hence, his budget expenditure policy aims to slash social welfare spending and provision of public services to lower and middle class families. <o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">And hence the fact that all forms of regulation – consumer, labor market, business, financial and environmental – are now under profound attack.<o:p class=""></o:p></span></div><p class="MsoNormal" style="margin: 0in 0in 9.6pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 12pt; background-color: white;"><b class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(0, 0, 153);" class="">Sustaining the con<o:p class=""></o:p></span></b></p><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">The one area where the masquerade continues is international economic policy. That is because Trump is compelled to balance political needs and economic interests.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Among working families, globalization is the most visible and economically understood issue. That is why Trump’s critique of globalization is front and center of his pro-worker masquerade. It is his image as a critic of globalization that allows him to pursue his radical corporatization agenda at home.<o:p class=""></o:p></span></div><p class="MsoNormal" style="margin: 0in 0in 9.6pt; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 12pt; background-color: white;"><b class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(0, 0, 153);" class="">Conclusion: anti-globalization circus<o:p class=""></o:p></span></b></p><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Make no mistake about it: Trump’s own economic interests have him identifying with corporations and capital. The same is true for virtually all members of his cabinet and White House staff. <o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">They have no interest in the ultimate truth revealing itself – that globalization has been “made in the USA” for the benefit of large American multi-national corporations which have been big winners from the process. <o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">Consequently, Trump is inclined to preserve the system, although he is keen to make further radicalizing changes if that increases corporate profitability.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.2in; font-size: 11pt; font-family: Calibri, sans-serif; line-height: 15pt; background-color: white;" class=""><span style="font-size: 12pt; font-family: Arial, sans-serif; color: rgb(51, 51, 51);" class="">The implication is one can expect lots of anti-globalization circus to address Trump’s political needs, but he will not rock the globalization boat.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-size: 12pt; font-family: 'Times New Roman', serif;" class=""> </span></div></body></html>