Trade War Spurs Biggest De-Globalization Shift Since The Cold War | WHAT REALLY HAPPENED

Trade War Spurs Biggest De-Globalization Shift Since The Cold War

From an office in Tijuana, Mexico, Roberto Durazo has been capitalizing on one of the biggest shifts in global trade since the end of the cold war.

His company, Ivemsa, has been helping dozens of companies move their factories out of China and other parts of Asia and into Mexico to make goods to be sold domestically and in the United States. Operating in what is known as the “shelter industry”, firms like Ivemsa help international companies operate in Mexico without having to maintain a legal entity.

This example illustrates a wider movement that predates the trade war between China and the US, but one which experts now say is irreversible. After decades in which globalization seemed to be an unstoppable force, the trade war is accelerating a complete transformation of global trade towards a more fragmented model, and Durazo is operating at ground zero.

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