the impact on the economy would negative libl. the real risk is twofold, one that europe responds and other countries would respond. the other is this leads president trump in the re-negotiation of nafta to take a hard line and causes nafta to fall apart and collapse. in either of it happens then the damage just goes all through the economy and undermines it at a time when it is really strong. pj, i believe you have a response to that. i you know, said well maybe we won t include canada if they agreed to re-negotiation on nafta of president trump s term. whether you are talking about