Globalization 2.0. That will be the result of the acceptance of Donald Trump’s conversion of the 1994 NAFTA agreement he found so objectionable into a framework for a tripartite deal between the same parties—the United States, Mexico, and a reluctant Canada.

This is no mere NAFTA 2, says the president. It is a brand new U.S.-Mexico-Canada Agreement, or USMCA, which doesn’t quite pronounce trippingly on the tongue. Trump, who knows a thing or two about branding, or should, is alone in liking the way that sounds, “Like the United States Marine Corps with an A at the end.” Washington wags say MUSC would be easier on the tongue, but for Trump, US must come first.