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‘The Real Villain’: Steve Moore Identifies Who Made The Market Tank Friday And Why

Economist Steve Moore told Fox News host Jesse Watters on Friday that China is responsible for the sharp decline in the market on Friday.

It’s US stock for the second day in a row after President Donald Trump announced a new tariff that rattles global markets, and Dow Jones infused 2,200 points. When he appeared in “Jesse Watters Primetime,” Moore spoke about China and what he called a retaliation measure against US economic policy.

“The real villain here is China, and as you know, the reason the market fought today is because China tried to oppose it. I think it was like a declaration of economic war against the US,” Moore said.

Moore said the United States must unify its allies against what he said was China’s harmful economic tactics.

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“They are the enemy of the United States. They are engaged in predatory trade practices. They don’t play according to the rules. They cheat and steal.

With the US already deeply ingrained in this trade war, Moore said he is confident that victory could seriously undermine China’s economic status. (Related: “This may be liberation”: Economist Steve Moore says Trump can free us from other countries.

“They can’t win a trade war with the US, they probably won’t win that, and Trump is using that leverage to force them to play on the rules,” Moore said.

China said last Friday that it had announced a 34% tariff on all US imports scheduled to come into effect on April 10 in retaliation against Trump’s tariffs. Trump, accordingly I said About the true society that China “did it wrong.” Trump I said His economic policies lead to a “boom” in the stock market.

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