White House's Navarro: Trump strategy creates volatility but will bear fruit

Navarro on CNBC

  • We will see a structural realignment towards true free and fair trade

  • Current system enriches 'cheaters' at the expense of American workers

  • China has been involved in unfair trade since it entered WTO

  • There is a lot of misinformation on China, we're happy to listen whenever they want to talk

  • We're renegotiating NAFTA

The interview was a dud. Navarro is a guy who knows who butters his bread and how to butter him up.

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