Navarro says China talks to continue, trade war won't slow U.S. economy

  • 📰 Reuters
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

White House trade adviser Peter Navarro said on Friday he does not believe the t...

FILE PHOTO: White House trade adviser Peter Navarro listens to a news conference about a presidential executive order relating to military veterans outside of the West Wing of the White House in Washington, U.S. March 4, 2019. REUTERS/Leah Millis

WASHINGTON - White House trade adviser Peter Navarro said on Friday he does not believe the trade war in China will cause higher prices or a slower economy in the United States. “We’ve had these tariffs in place for a very long time. China is bearing the entire burden by slashing their prices, by slashing their currency value and by the way they are hemorrhaging, hemorrhaging their supply chain out to the rest of the world and back here to America,” he said in an interview with Fox Business Network. “And that’s good for America.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Also says Titanic is due to dock any day now

trump should FIRE peter navarro.

Liar!

Already has..and it is slowing even more

And water isn't wet.

Trump puppet lier

Won't slow the economy? How does he know? Why harassing Fed to cut rates so deeply otherwise?

A 25% tariff on American made cars? Now THAT is going to hurt. realDonaldTrump is the self-proclaimed Chosen One to negotiate with China? China just agreed to now buy their soybeans from Russia. Next?

🙄

Anothe “hollow” man in the puppet administration

Translation, Peter is short selling

So depression instead of recession, I presume

They do not deserve to trade with the west. Its blood money . Implement 100% tariffs.Revoke WTO membership .🇨🇳 is a communist country that murders people for body parts, suppresses free will and thinking , steals, lies ,cheats etc.Its time they understand .

Listen all dumb people economy is doing great don't believe anything but what comes out of the Trump administration

Lmao thanks for the false or fake confidence in Trump

So wait, I'm confused. Does China pay the tariffs they impose on our goods? 🤔

Like to know on which drugs he is on ..

👍

He lies or is totally ignorant.

TOO LATE!

As the stock market declines 2% in just the past hour.

Does he say that or does he really mean that....very confusing

Your DOW is down another 400 points. Btw, you are out of means to hurt China, while China has just started to retaliate. Wait for it, unprofessional economist. Lol.

This guy’s supposed to be the expert? Ha!

Behold America's own Baghdad Bob.

No, Trump’s tweets will take care of that part

The collapse of mortgage backed securities won't affect the greater economy.

never in doubt, very often wrong

🙄

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla in advanced talks with LG Chem on battery supply in China: sourceU.S. electric vehicle maker Tesla Inc is in advanced talks with South Korea&039... elonmusk 👏🏼
Source: Reuters - 🏆 2. / 97 Read more »

A slump in freight shipping flashes warning signs for economy as US-China trade war ragesFalling air cargo demand could be flashing warning signs about the broader economy. this is due to Trump's aggressive trade war. no one wins in a trade war, especially the ordinary person. the longer it goes on jobs in every country will have to go
Source: CNBC - 🏆 12. / 72 Read more »

China unveils retaliatory tariffs on U.S. goods in deepening trade rowChina unveiled on Friday retaliatory tariffs against about $75 billion worth of ... Good luck on that.
Source: Reuters - 🏆 2. / 97 Read more »

Escalation in U.S.-China trade war threatens global economy, poses Trump reelection riskAmerican cars, soybeans and oil largely produced in key swing states have been targeted for additional import tariffs by China, marking the latest volley in a widening trade war with the United States that has damaged the global economy. Sure, let's be more like China/Russia, the liberal socialist are the answer 😂 You are wrong! Please stop, getting old.
Source: MarketWatch - 🏆 3. / 97 Read more »

China threatens 'countermeasures' on trade, without saying moreBeijing is still short on details on how it will respond to new U.S. tariffs on Chinese goods. Go China ,go! Cheer up! China ! It boggles the mind how investors buy into each new turn as if there hasn't been a continuous flip flop on this issue. I don't see trade going away, unless Trump loses reelection. But then the US will have squandered the farthest it has come to make a change.
Source: CNBC - 🏆 12. / 72 Read more »