A Krugman Point on Trump's Coming Trade War

An interesting observation.

Something to remember when Trump starts his trade war pic.twitter.com/z4MmZghC3Q

— Paul Krugman (@paulkrugman) December 24, 2016

(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