President Donald Trump is touting his United States-Mexico-Canada Agreement — the Cadillac Cimarron of trade deals — as proof that belligerence works, with no cognition of the anxiety his policy created.
This rebadged North American Free Trade Agreement is good for the industry not because its terms are favorable, but because the fight is over. By the president's reasoning, though, more fights must be waged now, with Japan, Europe, China and India.
Expect more victories to be declared. But once these nations are badgered and humiliated by U.S. "negotiators," don't expect their people to rise up and buy more Chevys and Fords.
