The new trade agreement may not go through anyways leaving #NAFTA in place. This Congress will not get around to passing it before the election and everyone agrees that Democrats will end up taking seats in Congress making it hard if not impossible to get it through.
The author is right that little was accomplished for the bloodshed in relations, however, it is the President's choice if he wants to do things the hard and nasty way. I think he already knows not to expect any favors from most anyone overseas. The main issue is not NAFTA but China. Both countries have more and more to lose if this falls through. The issue is China is shifting deals to Europe but Trump has alienated the EU as much as they have alienated China leaving them in a worse position if things should continue to deteriorate.
Update: while #Trump signed a new #NAFTA agreement called #USMCA, it was a compromise, and really won't make POTUS happy in the long run. Perhaps he saw the need to strengthen his hand against China and Europe. Those may end up in compromise too, but with little change in the status of trade in the world. Or a real trade war will manifest itself.
Fed Abandons R-Star While Trump Caves In
The new trade agreement may not go through anyways leaving #NAFTA in place. This Congress will not get around to passing it before the election and everyone agrees that Democrats will end up taking seats in Congress making it hard if not impossible to get it through.
The author is right that little was accomplished for the bloodshed in relations, however, it is the President's choice if he wants to do things the hard and nasty way. I think he already knows not to expect any favors from most anyone overseas. The main issue is not NAFTA but China. Both countries have more and more to lose if this falls through. The issue is China is shifting deals to Europe but Trump has alienated the EU as much as they have alienated China leaving them in a worse position if things should continue to deteriorate.
Trump Revenge And The Prediction Of A Soft Landing
Update: while #Trump signed a new #NAFTA agreement called #USMCA, it was a compromise, and really won't make POTUS happy in the long run. Perhaps he saw the need to strengthen his hand against China and Europe. Those may end up in compromise too, but with little change in the status of trade in the world. Or a real trade war will manifest itself.