Originally Posted by James Lacey
But what has he successfully negotiated? Other than some overtures and platitudes about more cooperation regarding border control, there is not much. In the meantime, markets are roiled and volatile because of Trump's erratic and unpredictable behavior. During the campaign, Trump promised that tariffs would magically and overnight lower American prices. Now, he's saying the tariffs are about immigration and fentanyl. Trump has changed his tune and now says there will be economic pain due to tariffs, but it will all be worth it to make America great again. This is the most feckless and harmful negotiation I've ever seen, and it's also mostly wholly unnecessary.
Hi James: reasonable initial point, but according to the BBC, which is probably as impartial as any source, Trump did get some border security benefit out of his unorthodox negotiation tactics.
https://www.bbc.com/news/articles/c805jjk2klko
Obviously, Trump did not get a complete epic win, like he would typically claim, and the presidents of Mexico in Canada can claim they were successful too. I’m OK with that. So, the cartoon David posted immediately above is funny, but of course inaccurate/oversimplified. Also, I would argue that the stock markets are no more roiled than is typical.
I have not yet studied the Panama deal, but it looks like Rubio/Trump were able to make some progress disentangling Panama from Chinese influence. That is good, wouldn’t you agree? J