Crisis in World Trade Signals Globalism’s Failure

President Donald Trump speaks during the 74th Session of the United Nations General Assembly at UN Headquarters in New York on Sept. 24, 2019. Johannes Eisele/AFP/Getty Images

News Analysis

WASHINGTON—Globalization, the most powerful economic force to have shaped the world over the past two decades, is now giving way to a new world order. Souring sentiment against globalization, particularly in developed countries, has led to a global revival of nationalism.