Economists Moore and Lafer call the Trump tariff strategy to “win” trade

While Wall Street rollers of the latest market turmoil sparked by President Donald Trump’s global confrontation, two prominent economists say the president may be in a stronger position than many believe.

“The (foreign countries) obtained them in a position in which they will lose their arrival in the United States market if they did not give these types of inequality they have done,” he said. Lafir artA former economic advisor to President Reagan, as he appearedVerney and Partners., “Tuesday.

Lavir, along with his economic colleague, Steve Moore, participated in his authorship in Wall Street Journal entitled “Bat”, “Trump’s profitable exit strategy on customs duties“The piece determines an approach they believe can mix the growing trade war and even lead to broader economic gains.

Their proposed solution: President Trump must provide a global television title that calls on all countries to eliminate industrial definitions and subsidies, and a pledge in the United States will do the same in return.

“This will be the policy of final mutual tariffs,” economists wrote.

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“President Trump and the United States will restore the high moral reasons for commercial conflicts. It will be useful to know the free trade countries that are supposed to accept the challenge of Mr. Trump.”

Economists argue that such a move is not unnatural for Trump. At the G7 2018 summit in Quebec, Trump made a similar offer, saying: “No tariff, no obstacles. This is the way you should be.

LaFFer and Moore claim that after this offer, many countries stood to respond, and revealed “free trade” countries that she was unwilling to follow.

Prime Minister in Singapore says that Trump’s global tariff does not seem open to negotiation: “The Fixed Lower Agreement”

Director of the National Economic Council Kevin Haysit According to what was reported, an increase in foreign communication was confirmed after the last round of definitions.

“At the present time, we manage a huge number of negotiation requests,” he said to Dana Perrino on Tuesday.

More, talks about “American news room“Trump negotiating tactics,

“I am surprised by Trump from what is a great negotiator. So, it mainly presses these countries … it is almost similar to the game of musical chairs, you do not want to be the left situation. For this reason I think you see these vocabulary of calls.”

However, economists warn that timing is very important.

“If this customs tariff and stay for a long time … this will be catastrophic for the United States and the global economy,” Lavre said.

But if the president is able to successfully negotiate a shift in world trade policy?

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“He may win the Nobel Peace Prize,” Moore said.

“If Donald Trump is able to withdraw this, and get these countries to reduce tariffs, this is good for everyone. The global economy will be better.”