@justinwolfers : Historically trade agreements went through Congress. But Trump's tariffs are just executive orders so the next President can undo them with the stroke to a pen. As such, they're temporary irritants, and don't create much of an incentive for others to bend to his will. • TwiCopy

Justin Wolfers

@justinwolfers

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Professor @UMichEcon & @FordSchool | Senior Fellow @BrookingsInst & @PIIE | Intro Econ textbook author | Think Like an Economist podcast.

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linkhttp://www.nber.org/~jwolfers calendar_today01-07-2011 20:01:28

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Justin Wolfers

@justinwolfers

a month ago

Historically trade agreements went through Congress. But Trump's tariffs are just executive orders so the next President can undo them with the stroke to a pen. As such, they're temporary irritants, and don't create much of an incentive for others to bend to his will.

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