Peter Navarro, the assistant to the president and director of trade and manufacturing policy, predicted Sunday there will be “many years” of “structural adjustments” in cities and key sectors before they are on secure economic footing.
In an interview on Fox News’ “Sunday Morning Futures,” Navarro insisted the economy will rebound strongly from the coronavirus pandemic.
“Two things can be true,” he said. “We will have a strong rebound from the depths of the China virus depression. But it is also true that we will face many years of working our way through the structural adjustments that are going to happen in the urban areas as well in key sectors like hospitality, entertainment, sports and education.”
He argued that uncertainty is why President Donald Trump should be reelected.
“This is why for me, it is so essential to have a man in the White House who knows how to rebuild,” he said.
“If the Republican party stays focused on those messages with discipline, president Donald Trump will see a second term,” he added.
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