Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated Yes

Last Checked July 22, 2020

Created

Wed Jun 26 11:28:40 +0000 2019

Likes

170

Retweets

Source

Twitter Web Client

View Raw Data

JSON Data

View on Twitter

Likely Available

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

Preceded By

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

Followed By

Paul Krugman @paulkrugman

A decline in the yuan could help this process. Overall, Trump's tariffs will probably hurt Chinese exports less than the administration imagines. They're not nothing, but there are various end runs available 4/ — PolitiTweet.org

Posted June 26, 2019 Hibernated