Tags: China | peter navarro | usmca | nancy pelosi

Navarro: Congress Likely Will Pass USMCA By Year's End

By    |   Tuesday, 10 September 2019 10:28 AM

White House trade advisor Peter Navarro said Tuesday there is a "100%" likelihood that Congress will pass the United States-Mexico-Canada Agreement before the end of this year, despite the Democratic Party's shift to the left. 

“I’m going to give it a 100% here because it’s so important for this country and I can’t imagine that Nancy Pelosi would not put this on the floor to at least have a vote,” Navarro told CNBC's “Squawk Box."

Navarro added that progressive Democrats "want to take our cars and our cheeseburgers, our private health insurance, raise our taxes, and then give the money away to illegal immigrants for health care,” but at the same time, he doesn't think House Speaker Nancy Pelosi subscribes to their philosophy. 

"I don't think that's who Nancy Pelosi is," said Navarro. "I think she is going to do the right thing on this and get the job done.”

Navarro said he thinks the USMCA is a deal that should transcend politics because it benefits so many people. 

Also on Tuesday, Navarro said the process must take its course when it comes to China. 

"The structural issues are it's what I've called the 'seven deadly sins,'" said Navarro, listing cyber intrusions, forced technology transfer, intellectual property theft, currency manipulation, and fentanyl and other drug production, with the drug issue the "most important" to Trump. 

"I think the Chinese really do want a deal," he said. "They're getting hammered by the Trump tariffs. They're having to cut their prices, manipulate their currency down into the toilet really and they're losing their supply chain."

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White House trade advisor Peter Navarro said Tuesday there is a "100%" likelihood that Congress will pass the United States-Mexico-Canada Agreement before the end of this year, despite the Democratic Party's shift to the left. 
peter navarro, usmca, nancy pelosi
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2019-28-10
Tuesday, 10 September 2019 10:28 AM
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