Trump’s trade turn is regressive
“Anyone who thinks [Donald Trump] has dropped his vow to rip up the global trading system has not been paying attention”, wrote Edward Luce in the Financial Times (18 October), after the fourth round of US-Mexican-Canadian talks on Nafta, the North American Free Trade Agreement, closed on 17 October. The Mexican and Canadian governments were aghast at the US negotiators’ manner, and their push for arbitrary changes which would destabilise the agreement which dates back to 1994. There will now be a lull: a fifth round of talks on 17-21 November, and then another in early 2018. Peter Navarro...