Sounds like a loaded question

I clearly understand economics, how do you think I'm schooling you?

"oh it doesn't matter that we lost 500 billion over here when we gained 200 billion in exports"

absolute moron.

We didn't lose 500 billion

I am an economist

you're the one who won't even fucking read.

So where's this 500 billion?

it wasn't a real number

it was a guesstimate

I know, just like your economics degree.

Isn't real.

As I was saying, 200 billion each year increased over **pre trade war levels**

That's huge.

it wouldn't mean shit to you even if I showed you my certificate

Go ahead, show it.

go ahead, prove to me it would mean shit.

mr. dishonest

?

lmao you don't even understand the question.

hilarious.

Anyways, the impacts of the trade war that were negative will be compensated. $200 billion increase in exports to China over the pre trade war level is fantastic. Because this deal isn't a one time thing, in a few years the welfare gain will be greater than the loss of the trade war.

And a phase 2 deal coming soon will make it better.

The article you linked talks about how it doesn't "go far enough", however the issue is it's a phase 1 deal - not final. @✨Skolander✨

Besides idk why you linked that study from nber, I know the trade war hard short term ill-effects.

they will just magically be compensated, lul

Yes by seeing much higher exports.

But the best part is the people who were most effected, farmers - have the highest approval of Trump ever.

it's not that it doesn't go "far enough" that's the point, the point is you're losing money.

So it can't have been *that* bad.

We're not losing money with more exports.

Are you stupid? haha

yes you are when you import more than that

That's not how trade works.

and that 200 billion is fictional number

that needs to be enforced

We're not talking about deficits, I'm talking about how much us producers will gain.

Well yes, it's a trade deal.

you think China is just gonna net give you 200 billion?

moronic

Yes they'll buy those goods.