Paul Krugman

@paulkrugman ↗

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Last Checked Dec. 5, 2020

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Mon Dec 02 20:01:50 +0000 2019

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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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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

@ChadBown Why trade policy as opposed to other things? Well, he's trying to do the same elsewhere too. But US trade law happens to give the president extraordinary discretionary power. Given time, he'll turn America crony capitalist more broadly. But trade is where it starts. 4/ — PolitiTweet.org

Posted Dec. 2, 2019 Hibernated