Global trade rebounds despite Trump's protectionist threats

(July 6): Donald Trump’s election as US president sparked warnings of damaging trade wars and an end to globalisation as we know it.

So far, those predictions haven’t played out. International trade is having its best performance in years as global growth enjoys its strongest synchronised upswing since 2010.

Globalisation is showing signs of resilience to Trump’s America First agenda. Ford Motor Co. last month canceled plans to build the Focus in Mexico and announced it would assemble the car in China instead, underscoring the ability of multinational firms to circumvent trade threats in a world of global supply chains. The model -- the first made-in-China vehicle for American buyers -- may become the Asian nation’s biggest automotive export ever to the US

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