White Home trade adviser Peter Navarro reported on Sunday that the Trump administration’s tariffs on China are not hurting U.S. individuals or famers, regardless of popular warnings from other economists.
“We are in a predicament in which customers have not been harm, China is bearing the complete load,” Navarro mentioned on CNN’s “State of the Union.”
“Which is not what the authorities say,” host Jake TapperJacob (Jake) Paul TapperButtigieg states voting for Trump is ‘at best’ hunting the other way on racism White Property trade adviser says Chinese tariffs are not hurting US Former acting solicitor common: ‘Literally unfathomable’ that Trump would retweet conspiracy theory about Epstein loss of life Much more pushed back.
“Which is what this professional suggests,” Navarro replied.
White Residence Trade Adviser Peter Navarro states the US tariffs on China are “not hurting any one here” in the United States, despite scientific studies suggesting normally. #CNNSOTU pic.twitter.com/6eBnWszOtp
— State of the Union (@CNNSotu) August 18, 2019
President TrumpDonald John TrumpO’Rourke: Trump driving world-wide, U.S. financial state into economic downturn Manchin: Trump has ‘golden opportunity’ on gun reforms Objections to Trump’s new immigration rule wildly exaggerated Extra has placed tariffs on Chinese products amid an escalating trade war among the two nations.
Navarro explained the tariffs are working mainly because China is “slashing costs” and “hemorrhaging” production.
He also reported Trump is “fully commited to standing up to China” and will “proceed to do what requires to be completed.”
Tapper, on the other hand, noted that “economist just after economist” is professing usually.
“Why are all these individuals lying and you happen to be telling the fact?” Tapper asked.
“All I would say is appear at the facts, there is absolutely no evidence,” Navarro said, without the need of addressing unique arguments.
“We are winning.”
Navarro on CBS’s “Facial area the Nation” repeated his assert that the Chinese “have borne the entire burden” of tariffs levied by the U.S., in spite of problems from some economists that the ongoing trade war has exacerbated economic instability.
–Zack Budryk contributed to this report, which was updated at 11: 07 a.m.