Trump's Former Economic Advisor Says He's Not A Big Fan Of Tariffs, But Adds Economy Doing 'Much, Much Better': Report

During an interview with CNBC, he highlighted the concessions made by South Korea, China, Japan, Canada, and the European Union in their trade deals with the Trump administration.
Heritage Foundation Senior Visiting Fellow for Economics Stephen Moore (L), accompanied by U.S. President Donald Trump (R)
Heritage Foundation Senior Visiting Fellow for Economics Stephen Moore (L), accompanied by U.S. President Donald Trump (R). (Photo by Win McNamee/Getty Images)
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Rounak Jain·Stocktwits
Published Dec 29, 2025   |   9:58 AM EST
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Stephen Moore, President Donald Trump’s former economic advisor, reportedly said on Monday that although he is not a big fan of Donald Trump’s tariffs, he appreciates some of the trade deals that the President has pulled off.

During an interview with CNBC, he highlighted the concessions made by South Korea, China, Japan, Canada, and the European Union in their trade deals with the Trump administration.

“We’ve got an economy that’s doing much, much better than the economists believed, and part of the reason the economists were so negative on the economy was exactly the point you just made, tariffs,” Moore told CNBC.

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Also See: Paul Krugman Warns 2026 Will Be Worse For Small Businesses, A Month After Small Firms Cut 120,000 Jobs

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