Deglobalization

Deglobalization is the reversal of globalization—when countries reduce their economic ties with the rest of the world by raising tariffs, restricting imports, or bringing manufacturing back home instead of relying on overseas suppliers. You'll hear this term when politicians talk about trade wars, supply chain reshoring, or "buying local." It matters to investors because it can reshape which companies thrive: domestic manufacturers might benefit while multinational corporations that depend on cheap overseas labor could struggle. For example, if a country imposes steep tariffs on foreign electronics, a local appliance maker might see higher profits, but a retailer that imports cheap goods could face margin pressure. Deglobalization is the opposite of the free-trade trend that dominated the last few decades.