U.S. President Donald Trump has managed to achieve what was only recently deemed improbable — a trade deal with Mexico and Canada. If the new trilateral agreement is ratified, the substance of NAFTA will have been saved, in a manner that all three countries can live with.
Now, deals in Europe and potentially the Pacific beckon. They are the most probable places. Indeed, he already has negotiations underway with both areas.
If Trump ends up cementing trade deals with Europe and with the Pacific, he will go down in history as one of the great trade statesmen of the last 100 years. That would be an extraordinary turn of events, after two years in which the media consensus has been that he is out to destroy the international trading system and the entire world order.
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