Scott Lincecum

Yeah, $350 billion right off the top, right? And I would add, even if this all goes away tonight, I think this may be a good place to close. There are still reasons to expect this to be damaging in the long term, because the United States today has effectively abrogated its free trade agreement commitments with its closest trading partners. And

Yeah, $350 billion right off the top, right? And I would add, even if this all goes away tonight, I think this may be a good place to close. There are still reasons to expect this to be damaging in the long term, because the United States today has effectively abrogated its free trade agreement commitments with its closest trading partners. And

and has done it in a way that is just clearly absurd and damaging. And so if you are a foreign government official, and you are looking to increase economic integration. And you have, on the one hand, China, Xi Jinping, total pain in the butt, lots of problems with China's economic models and human rights.

and has done it in a way that is just clearly absurd and damaging. And so if you are a foreign government official, and you are looking to increase economic integration. And you have, on the one hand, China, Xi Jinping, total pain in the butt, lots of problems with China's economic models and human rights.

and has done it in a way that is just clearly absurd and damaging. And so if you are a foreign government official, and you are looking to increase economic integration. And you have, on the one hand, China, Xi Jinping, total pain in the butt, lots of problems with China's economic models and human rights.

and has done it in a way that is just clearly absurd and damaging. And so if you are a foreign government official, and you are looking to increase economic integration. And you have, on the one hand, China, Xi Jinping, total pain in the butt, lots of problems with China's economic models and human rights.

and has done it in a way that is just clearly absurd and damaging. And so if you are a foreign government official, and you are looking to increase economic integration. And you have, on the one hand, China, Xi Jinping, total pain in the butt, lots of problems with China's economic models and human rights.

Compared to what you just got with Donald Trump and the United States, the calculus has changed. And I think that this is going to do long-term damage to government's willingness to increase integration with the United States. That just means slower growth, less competitiveness for the US economy, onward and onward.

Compared to what you just got with Donald Trump and the United States, the calculus has changed. And I think that this is going to do long-term damage to government's willingness to increase integration with the United States. That just means slower growth, less competitiveness for the US economy, onward and onward.

Compared to what you just got with Donald Trump and the United States, the calculus has changed. And I think that this is going to do long-term damage to government's willingness to increase integration with the United States. That just means slower growth, less competitiveness for the US economy, onward and onward.

Compared to what you just got with Donald Trump and the United States, the calculus has changed. And I think that this is going to do long-term damage to government's willingness to increase integration with the United States. That just means slower growth, less competitiveness for the US economy, onward and onward.

Compared to what you just got with Donald Trump and the United States, the calculus has changed. And I think that this is going to do long-term damage to government's willingness to increase integration with the United States. That just means slower growth, less competitiveness for the US economy, onward and onward.

I would note, as one of our adjuncts posted over the weekend, it also could come back to bite us when there's another global crisis because governments tend to work together, whether it's through public health or monetary policy or whatever. Trade agreement partners tend to do the best when it comes to working together in these things.

I would note, as one of our adjuncts posted over the weekend, it also could come back to bite us when there's another global crisis because governments tend to work together, whether it's through public health or monetary policy or whatever. Trade agreement partners tend to do the best when it comes to working together in these things.

I would note, as one of our adjuncts posted over the weekend, it also could come back to bite us when there's another global crisis because governments tend to work together, whether it's through public health or monetary policy or whatever. Trade agreement partners tend to do the best when it comes to working together in these things.

I would note, as one of our adjuncts posted over the weekend, it also could come back to bite us when there's another global crisis because governments tend to work together, whether it's through public health or monetary policy or whatever. Trade agreement partners tend to do the best when it comes to working together in these things.

I would note, as one of our adjuncts posted over the weekend, it also could come back to bite us when there's another global crisis because governments tend to work together, whether it's through public health or monetary policy or whatever. Trade agreement partners tend to do the best when it comes to working together in these things.

But now we're basically destroying those relationships in real time.

But now we're basically destroying those relationships in real time.

But now we're basically destroying those relationships in real time.