Paul Krugman

@paulkrugman ↗

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Last Checked July 22, 2020

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Wed Jun 26 11:26:11 +0000 2019

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Paul Krugman @paulkrugman

But that's probably not the whole story. These days, China has moved part way up the value chain -- it's no longer just the place of final assembly for goods whose guts are produced in richer countries. So final assembly of Chinese components can be shifted too 2/ — PolitiTweet.org

Posted June 26, 2019 Hibernated

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Paul Krugman @paulkrugman

Of course some Chinese goods are bypassing the Trump tariffs by being transshipped through Vietnam and other countries 1/ https://t.co/wO4G4mKNze — PolitiTweet.org

Posted June 26, 2019 Hibernated

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Paul Krugman @paulkrugman

There may also be a sort of grand trade diversion, in which America starts getting stuff from Vietnam and Bangladesh while Japan and Europe shift toward purchasing from China -- which has been cutting tariffs on everyone except us 3/ https://t.co/d0hPU2skPg — PolitiTweet.org

Posted June 26, 2019 Hibernated