We all want to believe Tweety has a strategy to create free trade as he rolls out tariff and bullies Brits and Europeans, and threatening the Chinese command economy.  But there is as much or more down side to what tariffs do than potential up side.

Tweety has already "caved" in a sense to the EU when they gave him some peanuts to stop the trade war with Europe.

But look further across the world and we see countries going elsewhere to talk trade, and excluding the United States.

"The Post-American World Economy"
Globalization in the Trump Era       
By Adam S. Posen

https://www.foreignaffairs.com/articles/united-states/2018-02-13/post-american-world-economy

"n the aftermath of World War II, the United States set about building a global, rules-based economic order. At the heart of that order, it put the liberal values of free trade and the rule of law. Over the next seven decades, the order, backed by U.S. power and bolstered by its growing legitimacy among other countries, prevented most economic disputes from escalating into mutually destructive trade wars, let alone military conflict. That allowed even the smallest and poorest countries to develop their social and economic potential without having to worry about predation by stronger neighbors. By taking much of the fear out of the global economy, the U.S.-led order allowed market decisions to be driven by business, not bullying.Today, that order is under threat. U.S. President Donald Trump has rejected the idea that the world’s economies all benefit when they play by the rules. Instead, he has decided that putting “America first” means withdrawing from supposedly bad deals, on which he believes the system is based. So far, Trump has failed to follow through on his most destructive ideas. But the damage has already begun to show. His administration has hobbled the World Trade Organization, encouraged China and other autocratic regimes to lean on their smaller neighbors for economic loyalty, undercut agreements on tax evasion and climate change, and pushed even major U.S. allies to negotiate free-trade and cross-border investment deals without the United States."

This is a very ugly picture and Americans today do not kow the economic history necessary to effectively manage globalization which is here to stay no matter what America does.