Saturday, December 24, 2016

A Krugman Point on Trump's Coming Trade War

An interesting observation.


(Please note, these are not absolute dollar surpluses but net import/export balance percentages as a part of the GDPs of the respective countries.)

The first attack on trade will probably be aimed at specific countries, e.g. China, but more broad-based tariffs are likely to follow.

 -RW

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