Tweet [1]
Joakim Book rightly celebrates the reality of technology increasing people’s employment options [2].
Dan Ikenson justifiably is no great fan of the USMCA [5].
And Eric Boehm justifiably is no great fan of “phase one” of the U.S.-China trade deal [6]. A slice:
This Phase One agreement seems to be, at best, a face-saving way to back off from imposing costly new tariffs, and a way to punt the thorniest parts of the China trade dispute until after the next election. It comes with only modest tariff relief for U.S. consumers, doesn’t undo the worst losses of the trade war, and contains likely overblown promises about China’s ability to buy more American farm goods. But don’t be surprised if Trump acts like it’s a major victory.