In a recent interview, former economic advisor Stephen Moore expressed concerns over President Trump's approach to tariffs on Canada, Mexico, and China, deeming it misguided amidst a fluctuating economy. He highlighted the inconsistent nature of tariff announcements that have resulted in volatility in the stock market. Noting declining consumer confidence and poor job reports, Moore criticized tariffs as ineffective for economic stimulus, advocating instead for the urgent enactment of the Trump tax cut, which he believes would better support economic recovery and growth by Memorial Day.
I think that the president's emphasis on tariffs right now is misguided. I think we have a very wobbly economy.
The economy needs a pick-me-up, and tariffs are not a pick-me-up. What is, is the Trump tax cut.
Collection
[
|
...
]