Friday, May 19, 2017

North American Free Trump agreement

I predict that the new renegotiated NAFTA will be almost total bullshit. There may be a few tweaks, maybe some minor changes to update some specific provisions that the industry thinks need updating, but the basic framework will remain  and as a substantive matter, there will be little difference between the new NAFTA and the NAFTA we have right now.

Maybe all Trump will do is make sure the "T" stands for Trump rather than "trade" in the acronym. Then he will hold a big rally, proclaim victory, and never mention NAFTA again.