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UNCOVERED: Trump s tariff threats are leverage says informal economic advisor | History Defined

Donald Trump Arthur Laffer Mexico Canada

Economist Arthur Laffer, seen in 2019, is one of the main architects behind the idea of 'supply-side' economics. (Credit: AFP)

Donald Trump's recent threat to impose 25 percent tariffs on Canada and Mexico are a negotiating tactic, the president's long-time informal economic advisor argued Wednesday.

"Donald Trump is doing exactly what any rational person would do understanding economics," Arthur Laffer, one of the godfathers of supply-side economics, told AFP in an interview.

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