Peter Schiff, a renowned economist and financial commentator, has expressed his views on former President Donald Trump’s tariff strategy, advocating instead for lower taxes and fewer regulations. What Happened: On Wednesday, Schiff took to X to criticize Trump’s approach to tariffs, stating, “Trump can’t impose tariffs on China. He can only impose tariffs on Americans who buy Chinese products.” He further responded to a user advocating for the return of production to the U.S., stating, “We need to. But tariffs won’t make that happen. We need lower taxes and fewer regulations, particularly rela…