Dial down the panic over Trump's nationalism and protectionism

THE news that Donald J Trump will be the Republican presidential nominee may have come as a shock to many observers around the world, and even to American pundits who had dismissed the former television reality show personality as nothing more than an entertaining phenomenon.

Much of the concern in the capitals of America's military allies and trade partners is over the nationalist and protectionist agendas that the New York real estate magnate ha…