I think he is the outnumbered free trader, tired of taking the same tired argument his type has been advocating, forever.
America is now running the single largest trade deficit, in recorded history, between any two countries.
Any two.
Ever.
And it is getting even worse this year. Every single month, this year.
Worse, even than last year.
China either starts buying a BUNCH more from America, or Trump will simply shut them down from selling stuff here.
This is why Trump won.
Because BOTH PARTIES have been selling out to China, forever.
Kudlow works for Trump. It's like a vegan in a cage with nothing to eat but meat.
It's not about tariffs. It's about US technology.
The tariffs are being invoked to protect that.
Like mafioso dons...
Well duh, that is what Communism is.
After the 1992 election, James Baker made a speech where he told the supply siders “you were right and we were wrong” about tax cuts, vs agreeing to tax increases to “balance the budget”.
Kudlow has often referenced this speech, and its importance in getting all the Republicans together on taxes.
I think at some point, the free trade side like Kudlow, who supported NAFTA, GATT, WTO etc. etc... needs to make a similar speech where they acknowledge that Buchanan, Perot etc. were right about NAFTA and other “free trade” deals.
These things did not help the US economy overall. They enriched a small minority and devastated the blue collar middle class.