White House trade hawk speaking
Peter Navarro, the White House trade advisor and trade hawk, is on the wires:
- none of the Trump administration's efforts to negotiate with China have yielded progress on changing China's predatory trade practices
- Trump has great relationship with Chinese Pres. Xi and will work with him to resolve trade issues
- China has more to lose in trade dispute with US
- administration will choose Chinese products for possible tariffs in a measured and fair way
- has no knowledge of or comment on speculation that Apple has secured exemption from tariffs on Chinese goods
- our phone lines are open to further discussions with Chinese officials
- Trump's actions are necessary defense of crown jewels of US economy
- Chinese may have underestimated Trumps resolved to secure changes in China's trade practices
- Trumps plan is visionary and courageous
- US priorities are deficit cut, IP protection
- tariff level 10% limit consumer impact
Of interest as well is that N. Korea's Kim is visiting with Xi today.
Xi said he was very pleased both with the results of Kim's Singapore talks. It is reported that he also is pleased to hear about N. Korea's future goal of economic development.
