As noted by Townhall on X: Former Reagan Economic Advisor, Art Laffer, lays out his WIN-WIN Exit Strategy for Trump on Tariffs:
“I believe he can negotiate freer trade deals, get those tariffs way way down, much lower than they are now. By primarily those [countries] lowering their tariffs and us keeping ours low, or even going lower. It’ll be a win-win. The world will prosper, we’ll have a great economy, and the U.S will be in perfect beautiful shape for economic growth…
…the exit strategy is he doesn’t impose those tariffs, he takes those tariffs away, he even reduces our tariffs on those countries if they will eliminate their tariffs on us. That would be the exit strategy that would be a win-win win-win.”
According to The Gateway Pundit:
Laffer’s view is quite a change from the hair-on-fire approach to this topic embraced by the vast majority of the media. He even suggests that this will be better for other countries in the long run.
Of course, the biggest beneficiary will be the United States.
SOURCE: https://x.com/townhallcom/status/1909626878932955511