Art Laffer, a conservative economist once praised by President Trump as brilliant and bold, blamed White House trade policy for the “most scary, in-flux” economic moment of his life, Axios reports.
Said Laffer: “I don’t know how anyone looking at the facts could argue that protectionism doesn’t create downturns The more protectionism there is, the greater the downturn.
Reducing tariffs and protectionism causes a boom in the economy.”