Celebrating Northwestern's newest Nobel Laureate π
Join us in congratulating Professor Joel Mokyr, winner of the @NobelPrize in Economic Sciences! π
A thought experiment.
Imagine if:
Within the next 89 days, the US, Europe, and Japan agree to go zero/zero on tariffs and remove all trade barriers.
Then Europe and Japan join the US in raising tariffs on China to 145%.
Then the US, Europe and Japan as a united front negotiate with China to remove tariffs and trade barriers, and put in place strong structural protections for IP.
@BillAckman@realDonaldTrump I don't think a pause initiated by the US is a good strategy, it should be requested by the country that is willing to negotiate.