Former Reagan economist Art Laffer tells ‘Kudlow’ why investors are worried about President Donald Trump’s trade war. #foxbusiness #kudlow #trump #trade #tariffs
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Laffer has been wrong on economics since reagan, why is he on tv? Oh, right it was fox.
Keep supporting the "Art of the Steal."
Ya dig serfdom? Can't fix stupid
I Love this guy when he talk looks like a magician.everything fall into places.awesome 😂😂😂
The reality is China does not need America anymore. They contemplated this was going to happen. That’s why they had the belt and road initiative. They have dug in for the long haul. American is the one in trouble – that’s why the US dollar tanked and stocks crashed, until Trump backtracked. China felt it, but not even a quarter as bad. These people are lying through their teeth.
At the moment China is giving the middle finger to Trump. There are no negotiations going on.
Market will go up, if Trump backs off on his tariffs. Otherwise crash on dollar and stocks will continue.
The stock market and US dollar crashed as treasuries sold off, until Trump reversed course. That’s reality. This man is a cheerleader painting a false picture.
Tariffs are paid by American consumers. Prices go up. Trump lies. Inflation will spike.. Look at Trumps first term – Debt was increased more than any other president.
Fantasyland. The real world doesn’t work that way. Trumps whole purpose is get tariff revenue to pay for tax cuts for billionaires. The rest is smoke and mirrors.
Statistics show that the US GDP shrank by 0.3 percent in the first quarter of the year. The first negative figure for a quarter in the US since 2022. Falling consumption and a sharp increase in imports ahead of the tariff shock that came in early April explain the decline, which comes after growth of 2.4 percent in the fourth quarter of last year when Biden was president.
🤔 Calvary the Democratic national committee in the Democratic party will start filing lawsuits about something or other, and screw everything up 😳🥺🤭🤫🤫🤫🤫
They need to hurry up and finish the trade deals and let America start seeing some benefits. If the republicans are still in this same situation by midterms, they will lose the house and senate.
I too have been puzzled at the Fed's leaving interest rates stationary. Their history is one marked by excesses- keeping interest rates too low for too long, missing obvious signs of inflation, going overboard with quantitative easing, etc. Lower the rates, guys.
Economics the way it really works. Is just about out of humans ability of understanding. Most people that think they understand truly don’t actuly understand the big picture. Just one corner of what it is and how it works
The guy that went bankrupt again and again.Knows more then anybody.
What an idiot.
No sense signing a deal with someone who does not keep them.These guys are dillusional
God's prophets are saying July is turnaround time, a time to Boom!! Invest Smartly people!! 🤔😊👍
Tax every working person 50%. It’s ok because most Americans want to live like the North Koreans…….
Why fool with china they need us more now because of the trade war. You sure David is an American?
Time to replace Powell.😊😊😊
Good luck
China still needs to pay for covid losses around the world😮
Get out there and work hard, save your money in CD's and brick and mortar properties
Yea right, vote sleepy joe back to the WH. At least the economy was growing and steady. Not like the toddler in chief, bankrupt Donnie strikes again
The trade war causes stock market volatility as tariffs raise costs for businesses, particularly in manufacturing and tech. This uncertainty can reduce profits and lead to fluctuating stock prices, making investors cautious.
The government will be making more on tariffs they don't need tax hikes…
Laffer is not be trusted, remember the Chile dictator Pinochet which he has his finger in. He’s a big bull shlter
If all the nations cut tariffs to zero and individual income taxes to 10% worldwide in exchange change for a global minimum wage at least $15.00 an hour for full time work to $24.10 an hour modeled on the Australian minimum wage closingvthe wage gap between developing world nations and America and Europe raises in wages across the globe will be paid for in tax cuts so greatly that tax cut will more than make up in wage increases for the global middle class increasing sales and output while reducing the waste of unsold food and increase and an increase of preventive maintenance of homes, appartmenrts, roads and highways, the electrical power grid, water purification systems.
Art Laffer looks great and has always made the most sense amoung economists.
The Investors are most interested in when Republicans will protect our country and Impeach Trump. It's a joke to assert that Trump is correct about anything.
We are heading into a bull run for stocks and crypto for 1 to 2 years. It will start from June/July in my opinion. Yes I have a Youtube channel ✌️
What a bunch of idiots these people are at Fox
🙏🇺🇸🙏
Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial YouTubers, quite devastating!