Tags: peter navarro | tariffs | china | trade | war

WH Trade Adviser Navarro: 'We Love Tariffs'

WH Trade Adviser Navarro: 'We Love Tariffs'

White House trade adviser Peter Navarro. (Sipa via AP)

By    |   Thursday, 01 August 2019 01:30 PM

White House trade adviser Peter Navarro on Thursday credited President Donald Trump’s tariffs on Chinese-produced steel and aluminum with saving two American industries.

“The Chinese producers are seeing fewer exports, lower profits,” Navarro said on Fox Business’ “Mornings with Maria” on Thursday. “So, we love tariffs. Tariffs are a wonderful thing.”

“We would not have a steel and aluminum industry if President Trump hadn’t put those tariffs in,” he said. “Instead, what we have is vibrant steel and aluminum.”

He added, “What the tariffs do…is basically defend the industries from dump steel that’s a good thing.”

Navarro also said that the U.S. trade delegation, including Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer, had constructive conversations with Chinese Vice Premier Liu He this week, and said that Americans should remain patient.

“With regards to this (week’s) round of negotiations, both sides communicated over two topics: One is how we view the past - we mainly discussed why negotiations broke down and clarified our views on some economic and trade issues,” said Ministry of Commerce spokesman Gao Feng during a recent press briefing, according to Reuters.

“The other one is how we view the future to ascertain the principles and methodology of negotiations, as well as relevant timetables,” he added.

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White House trade adviser Peter Navarro on Thursday credited President Donald Trump's tariffs on Chinese-produced steel and aluminum with saving two American industries.
peter navarro, tariffs, china, trade, war
211
2019-30-01
Thursday, 01 August 2019 01:30 PM
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