It is a trade deal. It is always bad for some, good for others.
We are at a crossroads if we continue with globalism in the remaining world or if everyone is on its own. I prefer the first. The EU, Canada, Japan/Korea/other Asian states form a great alliance not associated to China or the US. Will not help military wise, but will help market wise.
Those countries don't export much food, except maybe for maple syrup and instant ramen.