Roger Stone Speculates on Trump's Trade Tactics

Credit: The Street
Published on February 5, 2019 - Duration: 02:02s

Roger Stone Speculates on Trump's Trade Tactics

As the market awaits any impact from the delayed State of the Union address on Tuesday, TheStreet got some interesting thoughts from infamous Trump advisor Roger Stone.

Stone characterized Trump's tactics as a "tool" utilized toward the end of free trade.

"I don't think the president is opposed to free trade as long as it's fair trade.

But we haven't had free trade because it's never a two way street," he said.

"I don't think the president really likes tariffs.

I just think he likes to use them as a club to get the other side to the table and hammer out a deal which is mutually beneficial." He postulated that the rhetoric on trade is simply rhetoric, adding that he believes the President does not actually want a large-scale trade war.

Stone characterized the trade war as an opportunity to get firmer footing in a race between the world's two largest economies rather than a belligerent battle.

"I assume we sell certain things that they don't have they need.

They sell certain things that we don't have and need.

Seems to me that that's an opportunity," Stone said.

He added that the USMCA is a good working metric for how Trump considers trade negotiations.

Many will of course be awaiting what comments the President may have in store this evening as the State of the Union is finally addressed to Congress at 9 p.m.

ET on Tuesday.

To hear more of Stone's thoughts on his career under Nixon and Trump, Senator Elizabeth Warren's presidential campaign, and social media regulation click here.


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