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The improbable, unconventional, president-elect Donald Trump is already running true to form, signalling his opening moves on policy before he takes office. While his spontaneous announcements – notably on trade – are jarring, they are essentially consistent with the bombast he expressed during the campaign. Nonetheless, some refinements are already evident and there is no need for panic in Canada – at least not yet.
Mr. Trump’s announcement that he intends to “withdraw” from the Trans-Pacific Partnership comes as no surprise as this part of the Obama legacy was barely on life support in Washington.
Regarding the North American free-trade agreement, keep...