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Fri Jul 20, 2018, 12:46 AM Jul 2018

This Is the Art of the Deal? - WSJ op-ed

By Daniel Henninger

Mr. Trump’s famous modus operandi is the art of the deal. Keep everyone guessing and off balance. Decision first, details later. Drive events, stay on offense, force everyone to react. In this, Mr. Trump has succeeded.

No one—from the individuals who work daily in the White House to friends and enemies in foreign capitals—knows what he may do next... The whole world is back on its heels, which is where, according to theory, the art-of-the-deal master wants them.

There is another pop culture phrase nearly everyone knows: “Show me the money!” It means there comes a time when the man offering deals has to stop talking and start producing results. Mr. Trump has three major foreign-policy initiatives going: North Korea, trade and Russia. So far, none have produced a deal or anything close. Instead, we get Mr. Trump’s repeated, Jerry Maguire-like assurances that something big is in the works.

Mr. Trump said shortly after his sit-down with Kim Jong Un, “The North Korean nuclear threat is over.” Then this Tuesday, Mr. Trump said there is “no time limit” on the negotiations. That deal sits at square one, the same tough starting point other presidents faced. Meanwhile, Mr. Kim’s scientists will spend every day improving his missiles’ survival and accuracy.

(snip)

The only deals getting done are among our trading partners, with the U.S. excluded. Japan this week signed a huge free-trade deal with the European Union. Europe is finishing similar trade deals with Canada and Mexico.

When U.S. allies, from Tokyo to London, become actively confused and doubtful about their lead partner’s commitments, they start looking for alternative arrangements of convenience. Two weeks ago, Japanese Prime Minister Shinzo Abe announced he will go to China and hopes for a reciprocal visit to Tokyo by Chinese President-for-life Xi Jinping. Germany last week signed significant trade deals during a meeting in Berlin between Angela Merkel and Chinese Prime Minister Li Keqiang. Slowly, the U.S. is being isolated.

(snip)

The only voice addressing the substance of the Putin meeting remains that of Mr. Trump, who in a tweet Wednesday promised, “Big results will come!” Mr. Putin got the results he wanted on Monday in Finland. The man with the Cheshire cat smile will be moving on now.

Mr. Trump’s supporters say he deserves more time to negotiate wins on these big foreign-policy bets. It’s not going to get better.

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https://www.wsj.com/articles/this-is-the-art-of-the-deal-1531953032 (paid subscription)

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