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What Happens When There Are No Deals? – Paul Krugman
Trump's tariff fantasies are colliding with reality. Now what?
This fantasy of dominance runs into two problems: most countries aren’t treating us unfairly, and trade negotiations are going badly if they’re happening at all. Unlike the British parliamentary system, the U.S. has no break-the-glass off switch that lets us get rid of a deeply unpopular and delusional leader. Impeachment won’t happen, because this isn’t the Nixon era: Trump’s party is too corrupt to help save the country.
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