Why is 'deglobalization' becoming a common term in economics?

"Deglobalization" is when countries start to focus more on themselves instead of working closely together like a team.

Imagine you and your friends are building a giant sandcastle at the beach. You all bring different things: some have buckets, others have shovels, and one has a big pile of pretty shells. Together, you make something amazing, that's globalization. Everyone helps each other out because they know it makes the castle bigger and better.

But now imagine that one day, your friends decide to go home early, and you're left with just your own bucket and shovel. You still build a nice little castle, but it’s not as big or fancy as before. That's what deglobalization feels like, countries are pulling back from helping each other so much.

Sometimes, when things get too complicated or people feel left out, they decide to do things on their own again. It might take longer to build the castle, but at least you know exactly how it turned out.

Just like you and your friends, countries are deciding that working together isn’t always the easiest way, so they're choosing to focus more on themselves for a while.