KEY POINTS
  • President Donald Trump's former chief strategist Steve Bannon said Tuesday that Trump needs to end the Cold War on "our terms," a day after the president appeared with Russian leader Vladimir Putin in Finland. 
  • "POTUS knows he needs to end the Cold War on our terms, and unite the West against the rise of a totalitarian China,“ Bannon told CNBC's Michelle Caruso-Cabrera.
  • In January, the president disavowed his erstwhile top advisor in a harshly worded statement. 

Former White House chief strategist Steve Bannon on Tuesday praised President Donald Trump for his widely criticized appearance with Russian leader Vladimir Putin on Monday in Finland.

“The elites in our country left President Trump with disasters all across the globe, specifically in Korea, Afghanistan and Iran," Bannon said in a statement to CNBC's Michelle Caruso-Cabrera. "He rejects the 'managed declined' philosophy of America's political class. POTUS knows he needs to end the Cold War on our terms, and unite the West against the rise of a totalitarian China.“