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Former Reagan economic adviser Art Laffer give his stance regarding the use of tariffs amid President Donald Trump’s new tariffs on 60 countries and discusses the anticipated Federal Reserve meeting on ‘Varney & Co.’
00:00 Art Laffer on the real impact of tariffs
01:07 Why tariffs are a “prosperity killer”
02:14 Using tariffs as a negotiation tool
02:45 What the Fed should do next week
03:15 Shrinking the $9.3 trillion balance sheet
03:55 The cause of the “Biden inflation”
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