Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 2, 2020

Created

Tue Aug 13 18:34:52 +0000 2019

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Paul Krugman @paulkrugman

There's been a lot of speculation about why the stock market reacts so strongly to trade policy news — way out of proportion to the direct economic impacts of Trump tariffs. Today's surge after Trump's decision to delay some tariffs deepens the mystery 1/ — PolitiTweet.org

Posted Aug. 13, 2019 Hibernated

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Paul Krugman @paulkrugman

Notice the uncertainty. You don’t want to invest in a business that depends on imports, bc they might face tariffs. But u don’t want to invest in a biz that competes with imports, bc the tariffs might not happen — PolitiTweet.org

Trump "delaying" until December 15 the 10% tariffs on Chinese imports of ...cell phones, laptops, video game co… https://t.co/5EpT4BkGd7

Posted Aug. 13, 2019 Hibernated

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Paul Krugman @paulkrugman

The best going explanation of the tariffs/market link was that markets took tariff announcements as indications of broader decision process; to be blunt, how crazy Trump is. Hard-line announcements suggested more radicalism to come, softer announcements more rationality 2/ — PolitiTweet.org

Posted Aug. 13, 2019 Hibernated