Paul Krugman

@paulkrugman ↗

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Last Checked July 3, 2020

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Fri May 31 07:23:16 +0000 2019

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Paul Krugman @paulkrugman

OK, the economics: What we import from Mexico are a lot of consumer items, especially food items, plus Mexico is a key part of the supply chain in various manufactures, especially autos. So this would hurt U.S. consumers and also hurt competitiveness of U.S. companies 6/ — PolitiTweet.org

Posted May 31, 2019 Hibernated

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Paul Krugman @paulkrugman

Could he, for example, impose punitive tariffs on Swiss watches because Swiss newspapers run cartoons that make fun of him? Why not? 5/ https://t.co/CMnUH5xnrh — PolitiTweet.org

Posted May 31, 2019 Hibernated

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Paul Krugman @paulkrugman

So this would be stagflationary: higher inflation plus lost jobs. Industry would howl. Also very nasty for U.S. farmers if Mexico retaliates. Plus we are, of course, throwing away any remaining credibility as a negotiating partner. 7/ — PolitiTweet.org

Posted May 31, 2019 Hibernated