Is the Trump Victory a Blow to Globalization?

By Hu Shuli

The 2016 U.S. presidential election ended with the surprise victory of property mogul Donald J. Trump. An outsider without a political track record, Trump defied predictions by most polls, pundits, and political observers when he defeated Hillary Clinton, the favored “pro-establishment” candidate backed by the liberal elite. The world is now slowly coming to terms with this unexpected result, while weighing the impact of a Trump presidency on global growth.