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Paul Krugman

@paulkrugman ↗

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Last Checked Dec. 5, 2020

Created

Mon Dec 02 19:59:05 +0000 2019

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232

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73

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Paul Krugman @paulkrugman

@ChadBown At some point investors will have to realize that Trump is never going to return to business as usual — a rules-based trade policy with fairly predictable rules of the game. The arbitrariness and unpredictability of his moves are a feature, not a bug 2/ — PolitiTweet.org

Posted Dec. 2, 2019 Hibernated

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Paul Krugman @paulkrugman

As always, a very useful thread from @ChadBown. I'd like to add some commentary in a different direction. I keep being struck by the willingness of markets to believe that Trump is finished waging trade war, then being blindsided by his next move 1/ — PolitiTweet.org

Chad P. Bown @ChadBown

1/ ECONOMICS and HISTORY Trump has decided to convert his import quotas on Brazil and Argentina to 25% tariffs o… https://t.co/od7B0VB2OE

Posted Dec. 2, 2019 Hibernated

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Paul Krugman @paulkrugman

@ChadBown First of all, Trump doesn't believe in rules that constrain him, on trade policy or anything else. Beyond that, whim-based trade policy serves a valuable political purpose: it lets him reward friends, both via protection and via tariff exemptions 3/ — PolitiTweet.org

Posted Dec. 2, 2019 Hibernated

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