Trump and the art of the NAFTA deal

To the president's credit, his tariffs worked

President Trump and Justin Trudeau.

It wasn't pretty, but Trump got his trade deal. On Monday, the president announced the United States-Mexico-Canada Agreement (USMCA), a major rewrite of NAFTA. It was a remarkable turnaround in a renegotiation effort that often seemed doomed. And Trump wants you to know that we all have his tariffs to thank for it.

"Without tariffs, we wouldn't be talking about a deal," Trump insisted, taking a potshot at the many, many prominent critics of his hardball tactics. "Just for those babies out there that talk about tariffs — that includes Congress, 'Please don't charge tariffs' — without tariffs, we wouldn't be standing here."

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.