However, TPP seemed fatally flawed, creating an undemocratic, unaccountable multilateral bureaucracy (think EU) that would infringe on Congress’ constitutional prerogatives, and I’m glad Trump ditched it. Now that TPP is off the table, it is essential that the Trump administration act promptly and diligently to consummate bilateral trade agreements with as many countries as possible. Starting when Trump threatened Ford with a 20% import tax on Ford products coming into the States from Mexico, Trump has gone from bad to worse. Watch On Forbes: Trump Can Claim Credit, But The Reason Ford Isn't Moving Line To Mexico Isn't Great News For U.S. And so the Trump administration doubled down on the mischief by talking up a 20% tariff on all imports from Mexico.

Source: Forbes February 03, 2017 20:10 UTC