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It is time for what the Japanese call hansei (reflection over one’s mistakes) among the Davos crowd—the corporate chieftains, business lobbyists, policy wonks and journalists who sold Washington and other world capitals on the glories of free-trade deals over the past few decades. Of all the messages emanating from the American electorate in the 2016 campaign, popular hostility toward trade agreements is one of the most resounding. It is also perhaps the only grievance that unites left and right.

Donald Trump’s success in storming his way toward the Republican presidential nomination is due in no small part to the derision he routinely heaps...

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  • Paul Blustein

    Paul Blustein is a CIGI senior fellow. An award-winning journalist and author, he has written extensively about international economics, trade and financial crises. Prior to joining CIGI in 2010, Paul was a journalist-in-residence at the Brookings Institution, a staff writer for The Washington Post and the chief economic correspondent for The Wall Street Journal. Paul recently released his fifth book, Laid Low: Inside the Crisis That Overwhelmed Europe and the IMF, and he is currently working on a book about China and the global trading system, which will be published by CIGI in early 2019.

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