Peter Navarro defends tariff delay as ‘strong and flexible’ move


STUART: WE PROMISED YOU A SPECIAL GUEST JUST AFTER THE MARKET OPENED AND WE GOT HIM. PETER NAVARRO IS WITH US. WHITE HOUSE TRADE POLICY DIRECTOR. WELCOME TO THE PROGRAM. FORGIVE ME, I WANT A RAPID-FIRE SERIES OF THINGS HERE BECAUSE WE HAVE AN ACTIVE MARKET. FIRST OFF, THE PRESIDENT, DID HE BACK DOWN BY DELAYING TARIFFS ON CHINA?>>THE PRESIDENT MADE A STRONG AND FLEXIBLE DECISION, BASICALLY PUTTING TARIFFS IN ON ALMOST HALF OF THE $300 BILLION WORTH OF CHINESE EXPORTS STARTING SEPTEMBER 1, THAT’S STRENGTH. HE’S FLEXIBLE IN THAT HE’S DELAYING THE REMAINDER UNTIL DECEMBER 15th. STUART, LET ME TELL YOU WHY HE DID THAT. ONE OF THE GREAT STRENGTHS OF PRESIDENT DONALD J. TRUMP IS HIS ABILITY TO ENGAGE WITH STAKE HOLDERS, WHETHER BUSINESS PEOPLE, UNION LEADERS, ANYONE, SO WE HEARD TWO THINGS FROM THE BUSINESSES THAT WERE GOING TO BE IMPACTED BY THIS. THE FIRST OF ALL, FOR THE HOLIDAYS, THEY HAD ALREADY BOUGHT THE STUFF. THEY HAD DOLLAR DENOMINATED CONTRACTS, THERE WAS NO WAY BASED ON THOSE CONTRACTS THEY COULD SHIFT THE BURDEN OF THE PRICE OF THE TARIFFS BACK TO THE CHINESE AND ON THAT BASIS ALONE, THERE WAS NO REASON TO INFLICT HARM ON OURSELVES. THE SECOND THING WE HEARD WHICH WAS VERY PERSUASIVE AS WELL IS THAT THESE BUSINESSES, MOST OF THESE, IN FACT THE OVERWHELMING MAJORITY OF THEM, WILL CONTINUE TO SHIFT SOURCING, PRODUCTION AND SUPPLY CHAIN OUT OF CHINA AND THIS IS TRUE REGARDLESS OF WHETHER THERE’S A DEAL. SO WHAT THE PRESIDENT HAS DONE WITH THIS STRONG AND FLEXIBLE DECISION, STUART, IS BASICALLY CONTINUE THE PRESSURE ON CHINA WHICH MOST OF THE PRESSURE NOW IS THE FACT THAT CHINA IS LOSING THEIR SUPPLY CHAIN. SO THAT’S WHERE THINGS STAND. IT WAS A WISE, STRONG DECISION — STUART: BUT THIS DELAY, SORRY TO INTERRUPT YOU, BUT DID WE GET SOMETHING? DID CHINA GIVE ON SOMETHING? IF WE GAVE A LITTLE BY DELAYING THE TARIFFS, WHAT DID WE GET?>>TOTALLY WRONG WAY TO LOOK AT IT. THIS WHOLE IDEA OF LOOKING AT IT THAT WAY, THE WHOLE PREMISE OF WHAT WE’RE TRYING TO DO IS PAIN ON THEM, NOT PAIN ON US. SO THE LAST REMAINING PART OF THAT $300 BILLION, IF WE SIMPLY PUT THE TARIFFS ON SEPTEMBER 1st, THAT WOULD BE MORE PAIN ON US RATHER THAN PAIN ON THEM. THAT’S JUST SILLY. PRESIDENT TRUMP IS A WISE, STRONG PRESIDENT AND HE DID EXACTLY WHAT WE NEED. NOW, HERE’S THE GOOD NEWS. LET’S BE CLEAR ABOUT THIS FOR THE MARKETS. LET’S PUT ALL OF THIS TO BED. WHAT THE MARKETS NOW HAVE IS TOTAL CERTAINTY ABOUT HOW THE SCENARIO’S GOING TO UNFOLD OVER THE NEXT THREE TO SIX MONTHS. WHAT WE HAVE HERE IS THE TARIFFS ARE MOVING FORWARD, NUMBER ONE. NUMBER TWO, WE ARE CONTINUING TO NEGOTIATE WITH THE CHINESE AND THERE WILL BE ANOTHER PHONE CALL WITHIN TWO WEEKS. ALL OF THE BUSINESSES THAT ARE AFFECTED BY THE TARIFFS NOW KNOW HOW THEY WILL BE AFFECTED. AND WE NEED TO MOVE TO A PLACE WHERE I THINK YOU AND I WOULD AGREE ON, WE NEED TO BE, WHICH IS TO DEAL WITH CHINA’S SEVEN ACTS OF ECONOMIC AGGRESSION. WHENEVER YOU TALK ABOUT THIS, STUART, IT’S IMPORTANT TO POINT OUT WHAT WE’RE FIGHTING FOR. STUART: I’VE GOT IT.>>CYBERINTRUSION — YOU GET IT, BUT EVERYBODY ELSE — STUART: THAT’S THE BACKDROP. I’VE GOT TO MOVE ON THIS. WHAT MESSAGE, YOU ARE APPEARING ON THIS PROGRAM TODAY, YOU ARE LIVE FROM THE WHITE HOUSE TODAY, SURELY CHINA IS WATCHING. THEIR TRADE NEGOTIATORS ARE SURELY WATCHING. WHAT MESSAGE DO YOU WANT TO SEND THEM, WITH YOUR APPEARANCE TODAY RIGHT NOW?>>I WANT TO SAY YESTERDAY IN PENNSYLVANIA, PRESIDENT TRUMP ATTENDED A SHELL REFINERY RALLY, ESSENTIALLY, TO CELEBRATE THE LARGEST INVESTMENT PROJECT IN PENNSYLVANIA’S HISTORY. IT’S THE LARGEST CONSTRUCTION PROJECT NOW IN THIS COUNTRY GOING ON NOW, 6,000 JOBS, 3300 RAIL CARS THAT ARE GOING TO BE MOVING GAS AND PLASTICS FROM THE MARCELLUS SHALE. THIS IS WHAT PRESIDENT TRUMP DOES. HE PAYS ATTENTION TO GROWING THIS ECONOMY BY BUILDING THINGS, AND THE CHINESE SHOULD PAY ATTENTION TO THAT. THE PRESIDENT GROWS THIS ECONOMY, THAT’S WHAT HE FOCUSES ON AND LOOK, THE NEGOTIATIONS WILL BE ONGOING. I THINK WHAT’S REALLY IMPORTANT HERE, WHAT HAS THE MARKETS IN A TIZZY TODAY AND PEOPLE REALLY NEED TO BE A LOT CALMER THAN I’M HEARING FROM FOLKS ON TV, IS THE YIELD CURVE SITUATION. THE BIGGEST PROBLEM WE’RE FIGHTING RIGHT NOW AT THE WHITE HOUSE IS THE FEDERAL RESERVE’S INTEREST RATE POLICY. WE LOST BM WE LOST ALMOST A POINT OF GROWTH IN Q2 SIMPLY BECAUSE THE FED HAD RAISED INTEREST RATES TOO FAR TOO FAST. THE GOOD NEWS IS I THINK THE KIND OF VOLATILITY YOU SEE TODAY, THE INVERSION OF THE YIELD CURVE, IS SENDING YET ANOTHER SIGNAL THAT THE FED NEEDS TO LOWER INTEREST RATES BY 50 BASIS POINTS AS QUICKLY AS POSSIBLE. STUART: I’M SURE THEY’VE HEARD THE MESSAGE. YOU HAVE UNTIL DECEMBER 15th, THEN WE DECIDE WHETHER OR NOT THE 10% TARIFFS GO ON TO THESE EXTRA PRODUCTS. IN THE MEANTIME, WHAT DO YOU WANT FROM CHINA? ARE YOU TRYING TO NEGOTIATE SAY A BIG FARM PURCHASE?>>LET’S DO THE SEVEN THEN. CYBERINTRUSION INTO OUR BUSINESS NETWORKS, FORCED TECHNOLOGY TRANSFER IN EXCHANGE FOR MARKET ACCESS, INTELLECTUAL PROPERTY THEFT, DUMPING INTO OUR MARKETS STATE-OWNED ENTERPRISES WHICH ARE HEAVILY SUBSIDIZED, CURRENCY MANIPULATION AND KILLING AMERICANS WITH FENTANYL. THESE ARE THE SEVEN STRUCTURAL ISSUES THAT WE NEED TO GET SETTLED IN THIS NEGOTIATION. PEOPLE NEED — STUART: YOU’RE NOT GOING TO GET THAT BY DECEMBER 15th, ARE YOU? THAT’S A LONG LIST.>>SO AGAIN, STUART, WHY ARE PUTTING FALSE TIMELINES ON THINGS? STUART: DECEMBER 15th IS THE TIME WHEN THE EXTRA TARIFFS MAY GO ON.>>THEY WILL GO ON ON DECEMBER 15th. ALL WE’VE DONE IS GIVE THE BUSINESSES ANOTHER HUNDRED DAYS FOR THE REASONS WHICH I ARTICULATE. STUART: THE PRESIDENT MIGHT NOT APPLY THEM ON DECEMBER 15th IF YOU GET SOMETHING FROM THE CHINESE IN THE MEANTIME. WHAT DO YOU WANT? WHAT IS FEASIBLE THAT YOU COULD GET BETWEEN NOW AND DECEMBER 15th?>>STUART, STUART, YOU ARE MISSING THE WHOLE POINT HERE. YOU ARE MISSING THE POINT HERE. WHAT THIS NEGOTIATION IS ABOUT IS ABOUT SEVEN ACTS OF ECONOMIC AGGRESSION AND STRUCTURAL CHANGE ON CHINA. THIS PRESIDENT IS NOT ABOUT HALF MEASURES. YOU CAN’T MEET THE CHINESE HALFWAY ON THIS BECAUSE IF YOU MEET THEM HALFWAY, THEY WILL ONLY BE STEALING HALF AS MUCH AS THEY’RE KILLING AND KILLING HALF AS MANY AMERICANS. AGAIN, I THINK THE MARKET SHOULD BE REALLY HAPPY ABOUT WHAT HAPPENED YESTERDAY. YOU HAVE CERTAINTY NOW ABOUT HOW THINGS ARE GOING TO UNFOLD. WE ARE GOING TO CONTINUE TO TALK TO THE CHINESE ABOUT SIGNIFICANT STRUCTURAL CHANGE. IN THE MEANTIME, THERE WILL BE TARIFFS THAT WILL BE IMPLEMENTED IN A MEASURED WAY AND YOU AND I BOTH KNOW, STUART, THE SIZE OF THESE TARIFFS ARE SMALL RELATIVE TO MACRO ECONOMIC ACTIVITY AND RELATIVE TO TRADE FLOWS AND THEY SHOULD HAVE NO MATERIAL EFFECT ON GROWTH. WHAT THEY WILL HAVE, WHAT HAS EFFECT ON GROWTH NOW, STUART, IS THE FEDERAL RESERVE’S INTEREST RATE POLICY. THE OTHER THING THAT’S IMPORTANT HERE, STUART, AND PRESIDENT TRUMP WAS VERY CLEAR ABOUT THIS YESTERDAY TALKING TO UNION LEADERS IN PENNSYLVANIA, WE NEED U.S. MEXICO CANADA AGREEMENT PASSED. THAT’S GOING TO BE PIN THAT’S GOING TO BE ANN THAT’S GOING TO BE ANOTHER POINT OF GROWTH AND HUNDREDS OF THOUSANDS OF JOBS. THIS IS A GOOD DAY IN AMERICA. YESTERDAY WAS A GOOD DAY IN AMERICA. YESTERDAY’S A GOOD DAY IN AMERICA BECAUSE THE PRESIDENT — STUART: THE DOW JONES AVERAGE IS NOW DOWN 460 POINTS. THAT IS THE LOW OF THE DAY. I’M SURE THE MARKET IS PAYING ATTENTION TO WHAT YOU’VE GOT TO SAY.>>I THINK THAT WHAT YOUR JOB IS, YOU KNOW WHAT IT IS, IS TO JUST LOOK AT THE CHESS BOARD AND YOU KNOW WHAT’S DRIVING THE MARKET. STUART: BUT IT’S TO ASK YOU QUESTIONS, PETER. I’M ASKING THE QUESTION, CAN YOU GET ANYTHING BEFORE DECEMBER 15th? WHAT DO YOU THINK YOU MIGHT GET?>>SO HERE’S WHAT I CAN TELL YOU. THE NEGOTIATIONS WILL HAPPEN BEHIND CLOSED DOORS WITH AMBASSADOR ROBERT LIGHTHIZER AND SECRETARY MNUCHIN WORKING WITH THEIR COUNTERPARTS. SPECULATING ABOUT ANYTHING IS COUNTERPRODUCTIVE AT THIS POINT. STUART: YOU THINK THERE’S A POSSIBILITY OF A MINI DEAL? FOR EXAMPLE, JUST FOR EXAMPLE, A LOT OF FARM PURCHASES FROM CHINA, WOULD THAT BE ENOUGH TO — FOR THE PRESIDENT TO SAY OKAY, WE’LL LIGHTEN UP ON THE TARIFFS COME DECEMBER 15th? I CAN IMAGINE A QUID PRO QUO LIKE THAT. CAN’T YOU?>>STUART, IT’S YOUR JOB AND YOUR GUESTS’ JOB TO SPECULATE. MY JOB IS TO TELL YOU THAT THESE NEGOTIATIONS WILL HAPPEN BEHIND CLOSED DOORS AND WE KNOW WHAT NEEDS TO BE DONE ACCORDING TO THE SEVEN STRUCTURAL ISSUES THAT NEED TO BE ADDRESSED AND PEOPLE JUST NEED TO BE PATIENT. BUT IN THE MEANTIME — STUART: ARE YOU THE PRESIDENT’S HARD LINER ON CHINA?>>STUART, COME ON. LET’S NOT GO PLACES LIKE THAT. YOU ARE JUST BEING PROVOCATIVE NOW. STUART: NO, I’M NOT. NO, NO, NO. PETER, I’M NOT.>>YOU’RE BEING PROVOCATIVE HERE. STUART: I’M NOT.>>STUART, YOU ARE. STUART: ACROSS THE MEDIA, YOU ARE REGARDED AS THE PRESIDENT’S RIGHT HAND MAN ON TRADE. YOU ARE THE CHINA HARD LINER.>>SURE. WHERE DID YOU HEAR THAT FROM? YOU HEARD THAT FROM MEDIA WHICH YOU ARE TRYING TO STIR UP TROUBLE. WHAT WE HAVE I THINK IS THE FINEST TRADE TEAM THAT’S EVER BEEN ASSEMBLED AND THAT INCLUDES SECRETARY MNUCHIN, ROBERT LIGHTHIZER, WILBUR ROSS, LARRY KUDLOW AND MYSELF WITH THE PRESIDENT LEADING THAT BAND. IT’S THE PRESIDENT THAT MAKES THE DECISION. WE HAVE VERY DIVERSE POINTS OF VIEW AND WHEN THE PRESIDENT MAKES A DECISION, WE ARE ALL BEHIND HIM. ALL OF THIS OTHER STUFF — LOOK, HERE’S WHAT’S IMPORTANT. STUART: I’M SORRY. I’VE JUST GOT TO INTERRUPT BECAUSE THIS IS IMPORTANT.>>I KNOW, BUT YOU ARE BEING PROVOCATIVE HERE. STUART: I’M NOT. I’M NOT. I’M TALKING ABOUT THE SEVEN DEADLY SINS, THE SEVEN POINTS WHICH YOU HAVE RAISED WHICH ARE REALLY RADICAL CHANGE IN CHINA IS WHAT YOU ARE DEMANDING.>>WHY USE THE WORD RADICAL? STUART: OKAY. BIG CHANGE. PUT IT LIKE THAT. BIG CHANGE IN CHINA IS WHAT YOU ARE ASKING FOR.>>LONG OVERDUE CHANGE. CAN WE AGREE ON THAT? STUART: OKAY, BUT IF WE DON’T GET IT, ARE WE IN A TRADE WAR FOREVER?>>SO I THINK IF WE DON’T GET CHINA’S STRUCTURAL CHANGE, THE GLOBAL ECONOMY WILL HAVE LOST A GREAT OPPORTUNITY FOR THE NEXT LEG UP ON GROWTH. IT’S NOT JUST UNITED STATES AFFECTED BY CHINA’S BAD ACTIONS. ON THESE STRUCTURAL ISSUES. SO THE PRESIDENT, LOOK, IN TWO AND A HALF YEARS, THE PRESIDENT HAS UNITED THIS COUNTRY BEHIND HIM ON STANDING UP TO CHINA AND FROM CAPITOL HILL TO THE PUBLIC OPINION POLLS AND EVERYTHING IN BETWEEN, AND IT REALLY DOES A DISSERVICE, I THINK, TO THIS PRESIDENT TO NEEDLESSLY SPECULATE AND TALK ABOUT TRADE WARS AND RADICAL AND ALL THIS. STUART, COME ON. WE HAVE TO LOOK AT THIS AS THE CHESS BOARD AS A WAY OF RESTORING THE GLOBAL ECONOMY TO WHAT YOU WOULD WANT, A FAIR TRADE ECONOMY WHERE EVERYBODY PROSPERS. THAT’S NOT WHAT WE HAVE. SO IN THE NEXT COUPLE OF MONTHS, INVESTORS SHOULD BE REASSURED BY THE CERTAINTY THEY HAVE THAT WE ARE CONTINUING TO NEGOTIATE AND THAT TARIFFS ARE GOING ON IN A MEASURED WAY, AT A RELATIVELY SMALL LEVEL. THERE WON’T BE ANY MACRO IMPACTS OF THAT AND IN THE MEANTIME, LET’S FOCUS ON WHAT THE FEDERAL RESERVE IS DOING. LOOK, IF THE FEDERAL RESERVE ANNOUNCED THIS AFTERNOON AN EMERGENCY 50 BASIS POINT HIKE, YOU KNOW WHAT THOSE RED NUMBERS WOULD DO. THEY WOULD JUMP INTO THE GREEN AND WE WOULD BE ON OUR WAY TO 30,000 ON THE DOW. STUART: OKAY. PETER, I’M AFRAID WE ARE OUT OF TIME AND SO ARE YOU, I UNDERSTAND THIS.

100 Replies to “Peter Navarro defends tariff delay as ‘strong and flexible’ move

  1. Yup. Strong and flexible. Just imagine would we even be at this point with China on tariffs if H Clampet was in the WH. ???? Or even another republican for that matter!!!!!

  2. Stuart, lighten up! China has stolen billions with a B from the U.S., no more chances for China, Sept. 15 is plenty of time! Stop your whining! Get with the program! Are you for us or against us? Shame shame Stuart!

  3. Guess we know whose side Stuart is on. Way to go Stu, are you China’s official rep? 🧐

    What a sell out you are Stu.. Trying to cause fear in our market while adding more tension between the US and China? What the heck Faux news??!
    Stay out of it! 🤨

  4. I actually like that Stuart is asking ‘mainstream media’ questions as it’s allowing Navarro to address them. He should just let him answer them!

  5. PRESIDENT TRUMP AND VICE PRESIDENT PENCE 2020, 4 MORE YEARS!!!

    ▬▬▬▬▬▬▬▬▬ஜ۩☆۩ஜ▬▬▬▬▬▬▬▬▬🦁 𝐊𝐄𝐄𝐏 𝐀𝐌𝐄𝐑𝐈𝐂𝐀 𝐆𝐑𝐄𝐀𝐓 🦁▬▬▬▬▬▬▬▬▬ஜ۩☆۩ஜ▬▬▬▬▬▬▬▬▬.

  6. Why is Faux blocking comments on the Epstein videos ? Everybody knows it's a sham……Everybody up to and including the useful idiots knows the Main stream media are pedophile protectors !!!!

  7. Navarro can't be any more clear Stewart, China needs to fix those seven points of contention till then we continue with the tariffs period! In time companies will move out of China and do business someplace else. The Us supply chain will re accommodate and keep doing what we're doing eventually, things will be manufactured elsewhere but China. Navarro is saying if China works with us fine if not fine too, we move on and they are left hanging in the wind. Is not that hard people!

  8. Right now, the Chinese are handling the situation rationally and are winning the first round of diplomatic play. The question is whether China is even interested in reaching an agreement anymore?

  9. U.S will not say what we gain, what we loose…China will not say what we loose what we gain….no one will know till three four years down the road….mean time who paddel hard enough to advance themselves so that's the answer I guess… mean time both paddeling very hard to advance themselves…..there will be only one win….now we are playing injury time….china had lots of red cards already, they are learning international playing standard.

  10. The market points to recession and TrumpTards are more concerned about who’s side Stuart is on. They act as sheep being lead to slaughter. WEIRD.

  11. Stuart look the market fell a little let Trump do his thing if he fails the complain but let him work no other PRESIDENT has done or tried to do what Trump has. Sit back do your reporting but let Trump work

  12. We all paying for the Tariffs in one way or another, China is not dumb they have been fooling us for years! If, only I can live on a bowl of rice and some fresh fish daily, I too will be one of the smartest people on earth!

  13. I knew from the headline this jerk would be a dodgy RINO scumbag.
    I know the difference between OCD freaks who don't like getting asked questions they don't like, but this guy is talking nonsense and dodging straight, GOOD questions!

  14. Silly to believe China will give an inch to these demands. The average Chinese is 1/5 as rich as the americans, what do they have to lose in a trade war.

  15. Hey Varney, are you an idiot or just an interrogator for your Wall Street buddies. You are asking the Commander and Chief to reveal his war strategy on live TV. Yes it's a Trade War but loosing it can be just as destructive as a military war.

  16. I doubt these comments will ever be read by whoever is responsible for Barney they obviously don’t care that they got what humans would give back when I offered retardedness

  17. Trump didn’t blink those who said he did have an agenda. Was not expecting this guy to start trying to make Trump look bad with ignorance & stupidity
    can’t understand the answer
    the Americans heard the answer
    the Americans are OK with the answer
    & which tells us Trump didn’t blink

  18. Stewart is a conveyor of stale ideas (second hand blabber) and falsehoods from other media channels he watches for source material (9:25) and spits it out in shotgun fashion at a thoughtful Navarro trying to lend some legitimacy to this conversation. Stewart is a joke.

  19. The Fed & Fakenews are trying to scare America into a recession. That's treasonous.. Every citizen should just continue with business as usual. Ignore our traitors in fakenews. THEY'RE LYING. Listen to POTUS and keep spending money because numbers manipulation & a lying news media cannot weaken our economy.

  20. FULL STEAM AHEAD PETER
    GIVE EM THE 50% " TREAT " ON ALL IMPORTS.
    SEE HOW THEY LL MANAGE TO FINANCE THEYR GARGANTUAN PROJECTS WITHOUT MASSIVE TRADE PROFITS!!

  21. Mr. Varny! Fox!!! THINK!! Are YOU the world's best negotiator?? ARE YOU!! Then Shut the F* Up!! (And THINK, your words today impact ongoing negotiations!!) Am totally impressed with Peter Navarro! Stood his ground against Fox (which apparently thinks it can "learn" from MSNBC!!)

  22. Varney, My God! Take a CHILL PILL! I thought I liked you, but now not sure… American Greed is at it again, You as well, Stock market down??? Who Cares… This is about taking China down… not an easy task as the last 40 the likes of you let them do what they want! Let Trump get it done, on HIS terms… Navarro is just a messenger… I hear CNN is hiring..

  23. The president made a strong and flexible decision = Trump chickened out.
    And we all know it, the Chinese are laughing at us right now.
    Weak President.

  24. LOU & PETER THANKS FOR THIS "MAGA" VIDEO!!! WITH CHINA DONALD'S TRADING WILL BE SMART, STRONG, TRUTHFUL, LAWFUL & YET FLEXIBLE!!!
    AKA, wtkjr.!!!

  25. All these giant companies can lose little money I don't think it is a big deal to them . Look at them they are already too wealthy theirs children can no ot eat all up for 100 years . Americans need to live and make America Great and I really think so or loose it t0 China.

  26. This host does not understand the Chineses CCP's game and how our President is dealing with a lying monster who would do anything to stop Trump to demolish them, Chinese CCP must change their infrastructure which they refuse to, they are putting all their relationship and money to influence media, politicians for their evil behaviors, if we don't get them now, we Americans will suffer forever. 2020 Trump.

  27. Trump stopped the tariffs on things people buy as presents for Xmas. He realised his dumb tariffs would bankrupt retailers in their most profitable season. He will screw them after Xmas

  28. Very weak arguments by Navarro…why is giving in for nothing is a strong (flexible) move. Getting increasingly tougher is the only convincing move.

  29. Why Navarro insisted the day that drop several hundreds of Dow Points “is a good day”? This guy is even day-dreaming that demand China changes according to his proposals. Is China Mexico or Canada? I am sorry for Trump to keep him in White House.

  30. The fact is Trump and the republicans have just set a record with a 867
    billion dollar fiscal deficit Trump has bankrupted everything he's
    ever gotten his hands on. And I do mean everything. An airline, a
    beverage company, a casino which before Trump came along was considered a
    can't lose industry, a magazine, a mortgage company, a board game, a
    travel site, a online university, and a vodka company. And now he's
    got his hands on a country.

  31. Dumb questions from a closed minded single eyed individual you would never want at a negotiating table. You're losing it Stewart, take a break or sit down with the players in private and get educated. When n negotiation Stewart it's not possible to lay your cards on the table to satisfy your ratings or your personal curiosity. Take a relaxant, watch, listen and learn.

  32. this was a terrible interview, he didnt answer a single question. If we are going to play chicken with china, we kind of need a proper plan and to reassure the markets so we dont take the hit as opposed to them. Nice job to the interviewer, but peter cmon, talk specifics and be pragmatic, dont just play praise trump

  33. China is on its heels. President Trump should increase the pressure on China once the holiday shopping season passes.

  34. That is why the trade war could last longer. The list is not easy for China to accept or vise versa the US if structural internal changes were demanded of it. It means China has to change the way it is governed.

  35. Everything is going round in a circle. If you have only ONE MARBLE in your
    trousers pocket but keeps saying you have more, you still have ONLY
    ONE MARBLE no matter how you adjust your trousers.

  36. So peter's message to China and investors is POTUS is helping the oil industry make more profits via expansion and job creation BUT no mention of the impact of tariff tax on US citizens. "The wrong way to look at it" he says. POTUS delayed the next tariff round since business (BIG business) complained. Therefore there must be negative affects the tariffs have on them and on the next in line consumers. Tariffs are a tax importers pay which trickle down to CONSUMERS. Tariffs are a tax POTUS says he's a hero for!! Insane propaganda.

  37. GOD BLESS SEÑOR NAVARRO.
    HE KNOWS WE STAND AT THE CROSSROADS
    ON THE ONE SIDE WAY TO DEMOCRATS WAY, THE ABYSS
    ON THE OTHER TRUMPS WAY, HARD, SWEATY BUT WITH A FUTURE

  38. America needs to shift a massive amount of manufacturing from China to alternative countries. Screw the Chinese Time to get rid of the trading partner that cheats and steals. They're not to be trusted ever!!

  39. Alright Shale production! What can China do? It's not like they can build an Island, new territory or weather 4 Decades if Tarriffs by running Students over with Tanks or anything.. Say, can we send all of California Democrats over there for Socialist training(1 way Ticket only)?

  40. Tariffs on Chinese goods have so far created an extra $63 billion for the US treasury. Next year, the tariff money could reach $100 billion! And many Trump haters with an unsound mind said Trump had lost the trade battle with China! Whatever they say, having tons of extra cash to spend is always a good thing, doesn't it?

  41. these news caster think they know more about the economy than trump and his experts, i hate when they think they know what should happen, just ask questions dont try to tell the experts what to do

  42. Stewart, HOW MANY TIMES does SEÑOR NAVARRO need to have to tell you ; "One can not meet the commies half way".?
    One needs to stand top of the hill when they re down the valley to get some real wins from the commies.

  43. I like Peter specially when he talks " restoging global economy ".
    FULL STEAM AHEAD PETER!
    Salutations from Spain.

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