Trump’s Trade Deals Can’t Fix What He Has Broken

Japanese Ambassador to the U.S. Shinsuke Sugiyama and U.S. Trade Representative Robert Lighthizer applaud with President Donald Trump after signing a trade agreement at the White House, Washington, Oct. 7, 2019 (AP photo by Evan Vucci)
Japanese Ambassador to the U.S. Shinsuke Sugiyama and U.S. Trade Representative Robert Lighthizer applaud with President Donald Trump after signing a trade agreement at the White House, Washington, Oct. 7, 2019 (AP photo by Evan Vucci)

President Donald Trump can point to a handful of trade deals he has concluded since coming to office. What he cannot claim, though, is that he has made things better. New agreements with Canada, Mexico and Japan do not come close to offsetting the market access that was lost when Trump withdrew from the Trans-Pacific Partnership, or TPP. Americans also continue to pay higher tariffs on hundreds of billions of dollars in imports from China, the European Union and a range other countries, while U.S. exporters are facing retaliatory tariffs in major markets. A “phase one” agreement with China is […]

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