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Be 'very afraid' about globalization's next phase

$700 billion: The size of US-EU trade

$700 billion: The size of US-EU trade

2016 has been a wake-up call in the U.S., U.K. and beyond on the pain felt by many people from global trade. But this could be just the beginning.

“What comes next in globalization? Be very afraid,” says economist Richard Baldwin, who worked on trade negotiations for President George H.W. Bush and has just published “The Great Convergence: Information Technology and the New Globalization.”

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