Economist says Trump's tariffs are a 'win-win strategy' to negotiate trade deals

Laffer said Trump is 'just phenomenal at negotiating'.

Former Reagan economic advisor Art Laffer said Tuesday on "Varney & Co" that both the world and U.S. would see benefit from President Donald Trump’s tariffs and the trade negotiations that arise out of them. 

His appearance on "Varney & Co" came after he and Stephen Moore wrote an opinion piece titled "A Win-Win Exit Strategy for Trump on Tariffs" that was published Monday in the Wall Street Journal.

"The win-win strategy is Trump is just phenomenal at negotiating," Laffer said Tuesday, adding that he agreed with President Donald Trump that foreign countries getting hit with the president’s latest levies "have far higher tariffs and non-tariff barriers and quotas than we do." 


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