Senior economic adviser Stephen Moore defended President Donald Trump’s tariffs on Newsmax Saturday, arguing that combined with his other economic policies, they would reduce inflation rather than increase it.
Appearing on “The Count,” Moore explained that while tariffs alone could raise consumer prices, Trump’s broader economic strategy — including energy expansion, tax cuts, and deregulation — would have an overall deflationary effect.
“Well, if you impose a tariff, all other things equal, that would raise prices,” Moore said. “So, for example, if you’re importing toys from China and you buy those toys and you have a tariff on them, yeah, that’s going to be passed on to the consumer.”
Read more at Newsmax© 2025 Newsmax. All rights reserved.
