Stephen Moore: I Don’t See Trump’s Turnaround on China Tariffs as a Retreat, But as a ‘Strategic Advance’

EXCERPT:

MOORE: “Well, you guys started this conversation, Brianna, talking about this being a Trump retreat. I don’t think I would use that word. I think this was kind of a strategic advance, where Trump is being realistic about what’s happened with the markets over the last few weeks. And, also, I’m hearing from my friends over there in the White House who are working on this issue every hour that they are making some advances with China. And that’s good news for everybody, because you’re quite right that what the outcome here we all want to see is that China is more cooperative. They have incredibly aggressive and — policies on trade that are — I would describe as being unfair to Americans. And so, if those deals continue to be made, I think you will continue to see the stock market rise the way it has in the last couple of days. There’s still a lot of ground to be made up, based on the losses we have seen in the last month or so.”