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JD Vance Explains Trump's Vision To Undo 40 Years Of Failed Globalization

By Eric Peters, CIO of One River Asset Management

“There were two conceits our leadership class had when it came to globalization,” said JD Vance at the American Dynamism Summit [transcript here]. 

“The first is assuming that we can separate the making of things from the design of things. The idea of globalization was that rich countries would move further up the value chain, while the poor countries made the simpler things,” continued the Vice President. 

via March 24th 2025