The economist says that the world “will flourish” from the trade tariff trade negotiations

Former Reagan Economic Adviser Art Lafer said on Tuesday, “Ali” said on Tuesday.Verney and Partners“Each of the world and the United States will see benefit from President Donald Trump’s tariff and the commercial negotiations that arise from it.

His appearance came on “Varney & Co” after he and Stephen Moore wrote an opinion article titled “Trump’s profitable exit strategy on customs duties“This was published in the Wall Street Journal.

“The winning strategy is Trump is just a phenomenon in negotiation,” Lafer said on Tuesday, adding that he agreed with President Donald Trump that foreign countries are subjected to the president’s recent strikes, “they have a much higher tariff, unsustainable barriers and quotas.”

Scott Beesen says up to 70 countries want to negotiate the Trump tariff

“But what he did now is that he got them in a position in which they lost their arrival in the United States market if they did not give these types of inequality they did,” continued to have a former economic advisor. “And Trump is a major negotiator, and I watch these people calling Trump – this is exactly what he does beautifully and wonderfully – and I think he can NegotiateGet this customs tariff, and below, much lower than they are now, through these people who are primarily reduced from their definitions, and we maintain our decline or even decline, and will win. ”

Last week, Trump revealed a new tariff for goods imported from foreign countries, including 10 % basic tax and a “higher -individual tariff” on some countries that carry a major deficit in trade with America.

Treasury Ministry. Scott Bessin Larry Kudlo Fox Business on Monday said that “there are 50 and 60, and perhaps nearly 70 countries now we are close to negotiating trade in the wake of this.

“The world will flourish. We have Great economyLafer said about negotiating new trade deals of definitions.

Saudi livestock breeders on the new Trump tariff

He said Trump “has already threatened” the definitions to make the two countries be ready to negotiate.

“Now the exit strategy is that it does not impose these definitions. It takes these definitions. It even reduces our tariff for those countries if they will spend their tariffs against us, and this will be the exit strategy, which will be winning, winning, and winning.”

Laffer warned if the definitions enter into force, and remain valid for a long time and “we have a great escalation of definitions”, it will be “catastrophic” for both America and the global economy.

Trump “should be able to negotiate to get rid of the definitions for them and us.”

He also said: “Everyone loses commercial wars, but we all do not lose the same amount. Americans will lose much less than foreigners, so they have an incentive to go to the table and drop their tariffs on our products.” “It will also help them. Stewart, I mean, their tariffs for our products that harm their country.”

the Mutual import It is scheduled to go on the air on Thursday. The foundation line went by 10 % in effect at the end of last week.

Here every country works on commercial deals with the United States

“Until President Trump decides that the threat posed by the trade deficit and the indirect treatment of profit is satisfied, solved or mitigated.”

Israel, Japan, Vietnam, Argentina and Indonesia are among some countries that follow negotiations with the Trump administration.