Mexico, Canada sign new trade pact, in victory for Trump tactics; but it may come at a cost
BUENOS AIRES, Argentina - With his signing of a new deal with Mexico and Canada to replace the quarter-century-old North American Free Trade Agreement, President Donald Trump on Friday claimed a victory for his hard-line approach to trade. He had pushed to the brink and won concessions, just as he said he would.
Hanging over the win, however, is not only the question of whether Congress - with a new Democratic House majority in January - will approve the deal, but also what the future cost of Trump's bruising tactics may be for U.S. trade relations generally - including with China, the world's other economic superpower.
The American president had shown this country's two neighbors that going it alone and ignoring age-old alliances can pay off, at least in the short term. Yet if the United States no
