Reagan-era economist scared by tariffs but open to 'great negotiator' Trump making them work
Fox News
Legendary economist and Trump fan, Art Laffer, admitted to Axios he believes President Donald Trump's tariffs have ushered in the "most scary" U.S. economic period ever.
"I don't know how anyone looking at the facts could argue that protectionism doesn't create downturns," he told the outlet, adding, "The more protectionism there is, the greater the downturn. Reducing tariffs and protectionism causes a boom in the economy." Gabriel Hays is an associate editor for Fox News Digital.
Despite the criticism, the Reagan-era economist has been a fan of Trump over the years. He referred to him as "a great negotiator" as well as the "single best president of his lifetime."
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