Mexico ... showed that it is weak and vulnerable in the face of Trump's boasting.
Commercial nationalism is the strongest weapon. It is highly flammable and generally burns everything it touches.
Soon, the differences between the United States and Mexico will become more pronounced.
[I]t is not even necessary for Trump’s threats to come to fruition to cause damage.
President Trump is falling into lockstep with the economic nationalism he promised: protection for domestic consumption, employment and training for local workers, and measures aimed at eliminating dependency on other regions.
Until now, American commentators had assumed that Trump's extreme rhetoric was meant to boost his bargaining power. Now the mood has changed.
This past week, at the request of the Office of the United States Trade Representative, the first hearings on NAFTA were held in Washington, D.C, at which all types of groups with an interest in the treaty came together. This exercise provides catharsis to many groups, since they have a limited capacity for lobbying. [Read more]