Larry Kudlow: The Chinese Economy Is Crumbling Under Weight of Tariffs

LARRY KUDLOW: “So okay, if they want to wait, maybe so, but the Chinese economy is crumbling. It's just not the powerhouse it was 20 years ago everybody knows that, and as I said before, supply chains are moving out the demand for their goods is moving to other places a lot of people are coming back home. Very important, lost in the tax reform debate, lost in the tax reform debate, we're seeing now because of our new tax laws companies are repatriating their revenues and their profits and their whole factories and their productions to the United States -- some of that is coming from China.”

(h/t RealClearPolitics)