Beau of The Fifth Column

Trump was simply outmatched.

Carney has pursued other economic partners, while Trump continues to alienate ours.

Trump's trade war in Asia may be unwinnable.

China has no reason to work with the U.S.

because they're gaining influence and we're losing it.

My guess is they'll start stringing him along the way Russia does.

So what's in the deal?

The headline stuff is important.

There's reduction on tariffs for Chinese electric vehicles coming into Canada, which will probably lead to Chinese investment in Canada.

Then there's reductions on tariffs for Canadian agriculture products heading into China.

Imagine a country's leader trying to get better market access for farmers.

I'm sure American farmers would love to have Carney as their president right now.

Beyond the headline parts of the deal, there's something else.

China and Canada will work together on oil and gas.

Oh, and natural uranium.

That's going to matter a lot as many countries, including the U.S., restart nuclear power operations.

Senator Brian Schatz of Hawaii said, quote,

We just got absolutely rolled in this Canada-China deal, a stark foreign policy failure with domestic economic consequences.

The most basic principle in politics and geopolitics is loyalty to friends.

And we weren't just disloyal, we were hostile.