Consumers will be paying more for automobiles, but the good news is that President Donald Trump’s rewrite of the North American Free Trade Agreement appears to inflict relatively little economic damage. Investors celebrated Monday morning as Mr. Trump fulfilled a key campaign pledge without disrupting U.S. trade with Canada and Mexico. It seems odd celebrating an agreement on the grounds that it could have been much worse, but the bar is low here for good reason. The Trump tax and deregulation cuts have the economy humming,...

Source: Wall Street Journal October 01, 2018 20:37 UTC