Larry Kudlow, the economist and former adviser to President Ronald Reagan, said he’s not in favor of any plan by the Trump administration to slap tariffs on imports as a way of protecting U.S. industry.
“I am a free market guy,” Kudlow said on CNBC. “Unless you can really prove a case that a foreign country is not playing by the rules or is clearly subsidizing. I am a free trader. Trump and I disagreed on it during the campaign.”
Kudlow was an economic adviser to Republican Donald Trump’s presidential campaign who recommended tax cuts, less regulation and letting U.S. companies bring overseas cash back to the country without punishing double taxation. During the campaign, Trump pledged to help American workers by seeking new trade deals that would dissuade U.S. companies from closing factories and moving them offshore.
President Trump this week engaged his Cabinet in a debate over his