Ex-Trump Advisor and Author of ‘Trumponomics’ Calls President’s Tariff Policy ‘Misguided’: ‘We Have a Very Wobbly Economy’

A former economic advisor to President Donald Trump called the president’s push to impose tariffs on Canada, Mexico, and China “misguided.”

On Tuesday, Stephen Moore — who wrote the 2018 book Trumponomics: Inside the America First Plan to Revive Our Economy — appeared on the latest episode of Sunday Night in America with Trey Gowdy to discuss the state of the economy. When asked about “the way forward” in response to Canada’s retaliatory tariffs, Moore said:

Well, you used the word “complicated,” and that’s exactly what it has been over the last week, [Katie Pavlich], where one day the tariffs are going to go up and then there’s going to be a delay in the tariffs, and then there’s going to be a tariff on another country; and it’s been up and down and up and down. And, by the way, the stock market went up and down and up and down with these things. I think that the president’s emphasis on tariffs right now is misguided. I think we have a very wobbly economy. We saw a not-very-good jobs report on Friday. The consumer confidence numbers are sinking, and other indicators are not positive.

The economy needs to pick-me-up, and tariffs are not a pick-me-up. What is, is the Trump tax cut. Congress has to get this passed as soon as possible — by Memorial Day. That will provide the stimulus the economy needs.

Watch above via Fox News