Let's talk trade.
Kenny Polcari, managing principal at Butcher Joseph Asset Management, sat down with TheStreet to talk about the postponement of the tariffs--which was announced Tuesday, Aug. 13.
Here's what Polcari had to say about whether or not President Trump is a pro-stocks president, or if he's really just concerned about getting a trade deal.
"...Then [Tuesday, President Trump] scratched his head and they all come out and they go, well, we want to disrupt the holiday shopping season. Are you kidding me? Are you kidding me? Really that's what this is about. That we're worried now about disrupting the holiday shopping season. So you're going to take the tariffs away from the tech industry because that's really what it was because retail is still going to get hit on September 1st unless he comes out today and says he's going to do away with that as well," said Polcari.
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