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Fresh off clinching the Republican nomination for president in May 2012, Mitt Romney paid a surprise visit to the shuttered California headquarters of Solyndra, a solar panel manufacturer whose bankruptcy a year earlier had left taxpayers on the hook for hundreds of millions of dollars of federally guaranteed loans.

“What you see is a very important break with the past, a very effective break with the past,” said Oren Cass, who leads American Compass, a populist think tank. “It’s very hard at this point to envision a political leader of either party in 2028 running on a platform of, ‘Let’s get back to 2013-style globalization.’”

Still, Mr. Cass acknowledged that Mr. Trump has so far been more successful at tearing down the old system than building a new one.

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