It will take decades to undo the damage from this latest bout of isolationism and protectionism. There was a wealth of FUD surrounding TPP, obscuring the benefits and over-inflating the effects of the more controversial issues like intellectual property rules. A number of TPP criticisms would lead one to believe that intellectual property rules were the main element of the agreement.
Instead of pushing to deal with those criticisms, the entire deal gets scrapped. And along with it, we now have an isolationist push against NAFTA and international trade in general. It'll be interesting to see the damage that's wrought in a vain attempt to somehow stack the deck in favor of "America First."
Sadly, it'll take much longer to fix than it did to screw up in the first place.
Instead of pushing to deal with those criticisms, the entire deal gets scrapped. And along with it, we now have an isolationist push against NAFTA and international trade in general. It'll be interesting to see the damage that's wrought in a vain attempt to somehow stack the deck in favor of "America First."
Sadly, it'll take much longer to fix than it did to screw up in the first place.