Trade Wars: the End of Globalisation?

Published: Nov. 25, 2016, 10 a.m.

Donald Trump has promised to tear up the proposed Trans-Pacific Partnership trade deal \u2013 or TPP \u2013 on his first day in office. The massive trade deal agreed in 2015 would have lowered tariffs and deepened economic ties between twelve countries, which together cover 40% of the world\u2019s economy. The demise of the TPP comes as other global trade deals, such as the TTIP between the US and EU, face calls to be dropped or renegotiated. On this week\u2019s Newshour Extra, Owen Bennett Jones and his guests discuss why there is now such a backlash against multi-country trade deals, and whether this marks an end to the steady progress of globalisation.

(Photo: People hold signs as they demonstrate against the Trans-Pacific Partnership. Credit: Nicholas Kamm/Getty Images)