Subject: Re: Japan and Indonesia trade deals
Certainly worth a read,
Nobel Laureate Paul Krugman on Trumps latest trade deal...

"About That Japan Deal, Arithmetic has a well-known globalist bias."

"There are three main things you should take away from this deal:

1. It will increase, not reduce, the U.S. trade deficit

2. It will accelerate America’s descent into crony capitalism

3. U.S. consumers are still facing a major price shock"

https://paulkrugman.substack.c...