'Trump has made us weak' — Paul Krugman says the US-China trade deal achieved almost nothing, and consumers and farmers paid the price

Dec 16 2019 by Business Insider

 

Donald Trump's "phase one" trade deal with China achieved almost nothing, and American consumers and farmers footed the bill for his trade war over the past 18 months, according to Paul Krugman. "However Trump may try to spin this, he lost," the Nobel Prize-winning economist tweeted. "Trump has made us weak, neither trusted by our allies nor feared by our enemies." Krugman said that American consumers paid for the tariffs, farmers suffered, businesses will remain uncertain about US trade...
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