Kudlow spoke Sunday (US time) to Fox 'News'. Much is being made of hims comments that its US importers paying Trump's tariffs, not China.
Isn't this widely known? Anyway, Larry made a point of saying its the US that is paying (US business, which pass the cost on to US consumers …. this is basic stuff).
Kudlow says both the US and China economies will lose out in this war:
- "Both sides will suffer on this"
