President Donald Trump on Saturday thanked famed economist Art Laffer for his recent remarks praising the economy and the impact of Trump's tariffs.

Laffer, best known for the "Laffer Curve," was a key economic advisor to President Ronald Trump and also served as an advisor to Trump during his 2016 presidential campaign.

"Wow! The great Art (Arthur) Laffer, Ronald Reagan’s economic 'whiz,' and highly respected by all, said in a speech last night that, 'Donald Trump is the greatest President in history, bar none,'" he posted on Truth Social. "Such an honor coming from a man of such wisdom. Also, he said that, 'Tariffs are working in a big way.' Our Country is rich and admired again!"

Trump defied Republican orthodoxy on free trade during his 2016 campaign by embracing tariffs and has since greatly expanded his use of the tool, applying them to nearly every nation on Earth.

Ben Whedon is the Chief Political Correspondent at Just the News. Follow him on X.