Opinion: Larry Fink is only half-right about globalization’s end. A new era of world trade is here and will create U.S. jobs

When Russian President Vladimir Putin launched his war against Ukraine, most observers predicted the conflict would end quickly with a Russian flag flying over Kyiv. Just as projections about the conflict have been exaggerated, so too are those forecasting the demise of globalization as an after-effect.

In his annual letter to shareholders, BlackRock BLK CEO Larry Fink declared the invasion, “put an end to the globalization we have experienced over the last three decades.” As the head of the world’s largest asset manager,…