President Donald Trump’s “liberation day” announcement could lead to a “lowering of tariffs around the world,” former Trump senior economic adviser Stephen Moore said Wednesday on Newsmax.

“I’m a free-trade guy,” Moore said on “Wake Up America.” I believe it’s beneficial to the world to lower tariffs as much as possible. And if Trump’s policies work out here, I do believe at the end of the day that there will be a lowering of tariffs around the world. Our tariffs are about 3, 4, or 5%, and many other countries are above 20%, and that just is something we can’t live with.”

Trump scheduled a “Make America Wealthy Again” news conference for 4 p.m. ET in the Rose Garden at the White House, where he is expected to announce details for tariffs that will affect many of the country’s trading partners.

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