DeLong's Grasping Reality: Economy in the 2000s & Before

DeLong's Grasping Reality: Economy in the 2000s & Before

PROJECT SYNDICATE DRAFT: Chaos-Monkey Trade Policy

Welcome to the chaos monkey house. The Trump II administration will have policies, and they will almost surely have very destructive impacts on America. What we outside desperately need is a press...

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Brad DeLong
Feb 07, 2025
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Welcome to the chaos monkey house. The Trump II administration will have policies, and they will almost surely have very destructive impacts on America. What we outside desperately need is a press corps to cover the Trump II Administration with an eye toward which Trump tweets are backed by teams and bureaucracies with substantive follow-through, and which are not. And interest of the White House press corps in telling us that—what we need to know—is less than zero…

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It is as though Sheinbaum and Trudeau knew that Trump was bluffing—that was Bloomberg's John Authers's <https://public.hey.com/p/eWiubkVnLQm2VKVojzXQGAg8> reaction on February 3 to Trump's on-again off-again 25% tariffs against imports from Mexico and Canada.

On again, off again, back again in a month—welcome to the Chaos-Monkey House.

Why were they off again?

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