May 16, 2019
Truth-teller Larry Kudlow is in the administration doghouse this week. Donald Trump reportedly castigated his chief economic adviser after Kudlow contradicted the president publicly on Fox News Sunday—saying everyday Americans would be hurt by tariffs the extra $200 billion in tariffs on Chinese goods that the White House imposed on May 10, The Hill said.
An unidentified White House official told The Washington Post that the president and Kudlow spoke after the aide’s talk show appearance.
“Trump called Larry, and they had it out,” said the official, according to the newspaper, which added that two other sources described the exchange as cordial.
Other sources recounted that Trump repeatedly told Kudlow during the conversation “not [to] worry about” the consequences of tariffs on U.S. businesses.
Kudlow’s remarks contradicting the president came during an interview with Fox News host Chris Wallace, who pressed him about the impact of tariffs.
“In fact, both sides will pay in these things, and of course it depends,” Kudlow told Wallace.
“The Chinese will suffer [gross domestic product] losses and so forth with respect to a diminishing export market and goods that they may need,” Kudlow added.
Trump, however, has publicly defended his trade strategy, writing on Twitter that there is “no reason” U.S. consumers should feel the effect of tariffs.
“Their [sic] is no reason for the U.S. Consumer to pay the Tariffs, which take effect on China today,” he said on Twitter. “This has been proven recently when only 4 points were paid by the U.S., 21 points by China because China subsidizes product to such a large degree. Also, the Tariffs can be completely avoided if you [buy] from a non-Tariffed Country, or you buy the product inside the USA (the best idea).”
Research contact: @thehill