A member of President Donald Trump's inner circle labeled a report regarding the United States' ongoing trade war with China as "highly inaccurate."

During an interview with CNBC Monday morning, White House trade adviser Peter Navarro was asked about a recent report that claimed the Trump administration may clamp down harder on China by restricting U.S. investments in China.

"That story, which appeared in Bloomberg: I've read it far more carefully than it was written," Navarro said. "Over half of it was highly inaccurate or simply flat-out false.

"It was really irresponsible journalism and the problem we have here ... these bad stories push out the good. And what happens is as soon as Bloomberg puts it out there, there's pressure from others to put it out there."

He added, "This story was just so full of inaccuracies and in terms of the truth of the matter, what the Treasury said I think was accurate."

The Trump administration is negotiating with the Chinese government in an effort to even the global trading field. Both countries have placed tariffs on each other's exports as they jostle for position during the tense talks.

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