Steve Forbes, chair and editor-in-chief of Forbes Media, told Newsmax on Wednesday that President Donald Trump must swiftly pressure Congress to pass the extension of his 2017 tax cuts to help soften the impact on the economy from his tariffs.

“The key thing now is he’s got to push a huge, beautiful, big, fat tax cut rate — cuts far bigger than the Republicans want to do,” Forbes, who is not a fan of tariffs, told “Rob Schmitt Tonight.” “And the reason is, in his first term, they delayed [the tax cuts] a year because of trying to do healthcare.

“But they did the tariffs after they had the big tax cut. So you have a wind behind your back when you impose these temporary — hopefully, temporary — taxes.

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