America’s Allies Should Stand Up To Its Reckless Trade Policy
Mr Trump’s goals go far beyond tariffs on a few metals. He seeks trade terms that will force supply chains to move to America, damn the economic consequences. For example, the administration wants the North American Free-Trade Agreement (NAFTA) to expire automatically after five years, robbing firms of the certainty they need to invest in Mexico. To roll over on tariffs today would invite further, more damaging assaults tomorrow.