How will President Trump’s protectionism go over at the elite World Economic Forum meeting in Davos, Switzerland, which draws leaders who believe in globalism and free trade?
With the closing of plants like a 126-year-old G.E. factory, many in Peterborough, Ontario, scoff at the idea that Nafta benefits only Canada and Mexico.
A sweeping challenge to the Trump administration’s “America First” policies could add to tensions already frayed by Nafta negotiations.
Supporters say the recently approved tax law will help American multinationals compete more aggressively overseas. Others see incentives to put factories overseas.
The president has said he wants tariffs. He’ll have chances to impose them.
President Trump has transformed the world’s view of the United States from an anchor of the international order into something more inward-looking and unpredictable.