Subject: Krugman By God Nails It
Preliminary data suggest that imports from Asia, after surging as importers tried to front-run tariffs, are now collapsing. See the chart at the top of this post.

The CEOs of Target and Walmart reportedly warned Trump that we may be seeing empty shelves within weeks. And foreign trade won’t be revived by hints dropped at closed-door financial conferences. Companies need some certainty about policy, which they won’t get.

Great graph at the top of the article- of scheduled ship arrivals at Port of Los Angeles.

Imports to Lowe's, WalMart, Target? Meet cliff.

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