As the Trump administration prepares to renegotiate NAFTA, the underlying logic of the US’s new approach to trade is about to receive prime-time scrutiny. When it does, the missed opportunities – on labor, subsidies, and competitiveness, and much else – will be impossible to ignore.
LONDON – With all the public attention in the United States focused on health care, immigration, and Russia, the Trump administration’s trade policies have flown largely under the radar. But the underlying logic of President Donald Trump’s approach to trade is about to receive prime-time scrutiny, because the landmark North American Free Trade Agreement (NAFTA) will come up for renegotiation later this summer. When it does, three fundamental flaws in Trump’s thinking will be exposed.
LONDON – With all the public attention in the United States focused on health care, immigration, and Russia, the Trump administration’s trade policies have flown largely under the radar. But the underlying logic of President Donald Trump’s approach to trade is about to receive prime-time scrutiny, because the landmark North American Free Trade Agreement (NAFTA) will come up for renegotiation later this summer. When it does, three fundamental flaws in Trump’s thinking will be exposed.