Stephen Moore: I Don’t Think Anybody Ever Really Thought We Would Impose a 145% Tariff on China
EXCERPT:
MOORE: “Well — well, Brianna, I think you’re missing the main point that Trump is an incredibly strategic negotiator. I mean, he’s the best there is, and that his opening bid was 145 percent. Now, I don’t think anybody ever really thought we were going to impose 145 percent tariffs, although the Chinese were certainly terrified of that prospect. And I think what that opening bid did was force the Chinese to start softening their position. And eventually they will come to — I feel very confident they will come to the negotiating table and the U.S. will come out ahead in those negotiations, because the situation is so unlevel right now. But, look, you — there’s also tariffs on all these other countries that need to be resolved too. So this isn’t just about China. It’s about getting deals from the Europeans, from Mexico, Canada, Japan. And what I’m here to tell you is, it looks, it appears that there is progress on all of those fronts.”




