Paul Krugman

@paulkrugman ↗

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Last Checked July 3, 2020

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Fri Apr 19 12:59:19 +0000 2019

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Paul Krugman @paulkrugman

Beyond that, Trump is in general introducing a lot of uncertainty regarding future trade policy – deliberately, bc he thinks that gives him leverage. But if uncertainty has large costs, this means that overall Trump position hurts us 4/ https://t.co/aTV4g74d09 — PolitiTweet.org

Posted April 19, 2019 Hibernated

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Paul Krugman @paulkrugman

So does the USMCA actually reduce uncertainty? That's far from clear. As @ChadBown says, it introduces a big new source of uncertainty in the form of sunset clauses -- unlike NAFTA, stuff needs to be renewed – which isn't taken into account in report 3/ https://t.co/iuVZ98hxQQ — PolitiTweet.org

Of course the BIG trade policy uncertainty that Trump’s USMCA INTRODUCES — that was NOT in the NAFTA — is the ‘Suns… https://t.co/JqkFvGV9LH

Posted April 19, 2019 Hibernated

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Paul Krugman @paulkrugman

In other words, you can't simultaneously believe that USMCA is net beneficial and that overall Trump trade policy is good for America. If uncertainty matters, it matters. 5/ — PolitiTweet.org

Posted April 19, 2019 Hibernated