United States: Is the problem globalisation or domestic economic developments?

Donald Trump’s strategy is sometimes presented as a fight against globalisation, which allegedly is detrimental for the United States and for the country’s middle and working classes. But can globalisation be blamed for a significant deterioration in the United States’ economic and social situation? We can see that: The opening of trade has had a limited effect on US industry and on manufacturing employment in the United States; The increase in inequality and the rise in poverty are mainly due to, first, the functioning of the labour market, due to the continuous distortion of income distribution against employees, and, second, corporate concentration, which enables companies to have very high profit margins. So the United States’ domestic problems weigh far more in explaining its economic and social problems than globalisation .