36 Burst results for "Peter Navarro"
Fresh update on "peter navarro" discussed on Investor's Edge
"Call 1 802 468751, or go to balance of nature dot com and use discount code use a Democratic speaker of the House Nancy Pelosi and Treasury Secretary Stephen Yushin Matt on Capitol Hill on Wednesday they were discussing a possible Corona virus bill. Both sides say progress was made, but an agreement was still not reached. Treasury secretary telling CNBC. I hope we can get something done because you said there are clearly still businesses out there small businesses that are impacted. We need more money for kids going to school. We need liability protection for small businesses to open the economy created. Manufacturing policy Director Peter Navarro says that Trump administration's response to the Corona virus pandemic. Has been done in Trump time, Navarro telling MSNBC. We had what we call the four vector attack strategy. It's domestic production of its dramatic expansion of the testing is the development of therapeutics like convalescent plasma.
Peter Navarro abruptly cut from CNN after heated COVID debate with Jake Tapper
"A heated exchange yesterday between White House trade advisor Peter Navarro. CNN's Jake Tapper. They got into it the issue the president's pandemic responding Navarro, Thank you so much. I appreciate your time today. Thank you so much, and I would just like to remind the people watching. I am reminded The United States has less than 5% of the world's population, and the United States has more than 20% of the world's corona virus deaths. That is a fact it does not matter how many times He insults CNN. And that's when CNN state of the union, the abrupt ending left Iraq Navarro in mid sentence.
Trump to Visit California After Criticism Over Silence on Wildfires
"Going to begin right now going straight to California, which is facing, of course, record breaking wildfires more than three million acres burned joining me live. Los, Angeles mayor said he Mayor Garcetti, he thanks for joining us. We're seeing these horrific scenes out of the west coast the Bobcat fire burning fewer than twenty five miles outside of Los Angeles as of yesterday that fire destroyed almost thirty thousand acres. It's only six percent contained right now president trump is going to travel to your state tomorrow to meet local officials. He approved disaster relief for your stay three weeks ago. Are You satisfied with the trump administration's response? Well we always have great cooperation with our federal agencies and I want to thank them for that because they do step up whether it's corona virus or whether it's fires but I think leadership at the very top needs to be earlier stronger and from the President I wish that we would get as much attention not based on an electoral map but just. Purely on being Americans and the need for leadership to be from the white. House for all of America You know whether it's twin hurricanes on the Gulf coast or fires here on the West Coast we're one nation and sometimes looking at the leadership that comes out. It's easy to forget that it's taken three weeks I'm glad he's coming but. We need much more help when we have firefighters dying on the line and Washington refuses to help states and refuses to help local governments that are the first responders to emergencies like this. It's unconscionable. So instead of hitting the golf course going on vacation the president, the Congress respectively should sit down this week and finally make sure that there is assistance for. These brave men and women who are protecting our lives and protecting our property well to be clear. What exactly are you saying? President trump in your view would have done differently of California were say a republican state like Louisiana A or other states in the Gulf, Texas what what what would have done differently because he did sure Clare Disaster three weeks ago. Absolutely and I always say that that's very important that those agencies respond. We get good coordination but there's a refusal to blaming of blue states over red states in his mind I remind people there's a million Republicans that live here in the city of Los Angeles even if you're a partisan, you should be stepping up with empathy you should be stepping up with helping with a new cares act when people are slashing local government and state government laying people off this is bad for our economy. This is bad for our emergency response. It's terrible for our corona virus response, and so we need leadership that is equal across this country instead of being partisan and divisive, and it's very clear. This president seems to divide more. He's going to come out here and probably tell us I gonNA send you rakes instead of more help we need actual help material help not based on our party affiliation or how we voted leadership isn't about grudges. It's about governing for all. Well, let's talk about that because. Of Atta Rally last night president trump repeatedly told his supporters that containing the wildfires is all about forest management in. As you note, he's frequently criticised California for failing to rake the forest floors to prevent wildfires What's your response? What are the facts behind this? Well I listen to fire professionals not the president of the United States are politician when it comes to actually what causes these fires It's been very clear that years of drought seeing whether it's too much water and too much rain in parts of our country right now or too little. This is climate change and this is an administration that's put its head in the sand while we have democratic and Republican mayors across the. Country stepping up to do their part this is a administration president who wants to withdraw from the Paris climate. Accord's a later this year the only country in the world to do so Talk to a firefighter. If you think the climate change is real and it seems like this administration last vestiges of the flat earth. Society of this generation, we need real action we need to actually reduce the carbon emissions that we have and we. Need to make sure we can manage that water and this is not about just forced management or raking anybody who lives here in California insulted by that quite frankly and keeps perpetrating this live.
"peter navarro" Discussed on WCBM 680 AM
"Peter Navarro did circulate that you were still downplaying the breath of the U. S. You were saying things like I think it's a problem that's going to go away with will go. You said within a couple of days cases down to zero cases really didn't build up for a while. But you have to understand. I'm a cheerleader for this country. I don't wantto create Havoc and shock and everything else but ultimately, when I was saying that I'm also closing it down. I obviously was concerned about it because I closed down our country to China, which was heavily infected. I then closed it down two Europe That's a big move, closing it down from China and then closing it down from Europe and then ultimately closing it down to the UK, So it was right about that time. But I'm not going to go out and start screaming. This could happen. This could happen so again as president. I think the president Has to be a cheerleader for their country, but at the same time I'm cheerleading. I'm also closing down a very highly infected place. Specifically the location as you know, in China that had the problems. So that's not really very different. From what the big Bob Woodward bombshell Wass, is it No, it's not which I imagine means that the president when you know because again, Bob Woodward only released 53 seconds of clip. Of that talk on bright after Wanna cause a panic. It stops I highly doubt President of the United States. Not only didn't finished talking there, I don't think he hung up abruptly after saying the word panic. Why did Bob Woodward released only that much Will we find out? We'll have to buy the book to find out if he said anything else after that, now, won't we? That's why Bob Woodward only released that much. And if there's this debate raging amongst people on social Media, the Blue Checkmark brigade That Bob Woodward. Some people are saying Bob Woodward should have released this information immediately. The president's downplaying this this virus people are dying because of the nobody was dying because the president was a cheerleader for the country. You heard him there he was taking it seriously was shutting things down. He was warning the American people. It's a lie because people Are counting, particularly liberals and never Trumpers, accounting on people not remembering what was going on at the actual Time. Thank God we live in the age of the Internet, where we could go back and actually look at the tapes and I can get that cut from April 7th and say, Here you go. Another cut from March. There's cuts from all over the place. The president has been very consistent. About this the president. One of the things you could say about President Trump is, he says, whatever's on his mind, not very good at hiding things from the public even things that cause the left clutch their pearls. He's right there. He's out there with it. No no concern. No filter. No fear. What they saying Bob Woodward should have released this information immediately. Think of how many lives Bob Woodward could have saved. You're really people out there who just kind of willy nilly went through life looking door knobs and things like that, because the president wasn't saying wasn't playing the role of chicken little and saying the sky is falling. President was shutting down travel around the world. Convened the Corona virus Task force was having daily Corona virus taskforce briefings. Do you really think somebody out there was going? The president says has sounded the all clear I can just go. I can do whatever the hell I want. There were people who did that. Who did you know that the Eiken do whatever the hell I want. Does your in American. You can do pretty much whatever the hell you want. But should you have done well, that's a matter for you to decide. But to say that the president is somehow responsible. He down played this. Oh, my goodness. He was only doing it to get re elected. It is beyond stupid, Which is why, of course, the cable news hound Dogs have latched on to it as if their lives depend on it, because this is their goal in life if they want to destroy Donald Trump. And they think they've got themselves another silver bullet. But when you look back in history, and you look at what was already out there and what the president has been saying publicly from the very beginning of this thing. You realize it's not silver at all. It's 10 at best. So We still have someone we have Joe Biden, downplaying this. I think doing pretty much the same thing. Actually, as Donald Trump. I'm not going to call it down playing because I don't think Donald Trump was downplaying it. Actually, let's let's get cut. Three here. This was Joe Biden on February 28th. Now it's kind of funny because Joe Biden will pat himself on the back and say, Well, I wrote an op ed back in January, saying this Corona virus deal is super serious and we need to take it seriously. And the advice that he gave in that op. Ed was when I'm president in January of 2021. Here's what I'll do. There were no recommendations. There's no sense of urgency in his op Ed Joe Biden was kind of dare I say downplaying it now. Joe Biden was using it for political tool. I don't think you really cared all that much. But on February 28th In North Carolina..
TikTok sues Trump administration over ban
"Is waging a legal fight against the Trump administration's efforts to ban the popular Chinese own service over national security concerns. The Trump administration also denying that Mark Zuckerberg used a private meeting to bend the president's ear against Tic Tac, which of course, is owned by China's bite dancer. Might dance, insisting it's not a national security threat and that the government is acting without evidence or due process at China Hawk and trade advisor to President Trump Peter Navarro. What the president is doing is not really about Tic tac. It's about Tic tac, and we chat and all of these other Chinese software companies that are able to collect data on American citizens, ship it over the Chinese servers and then shared with the Communist Party and the People's Liberation Army. So I you know, I I'm always amazed how some of these stories Pop up, but that one for me has zero credibility because I know that he had nothing to do with anything that happened here in the White House. Can you give us some cholera on where the tic tac negotiation stand? We understand. By the way, the Tic Tac is going to be filing a lawsuit today against the U. S government, But I really want to understand whether you think it's a Microsoft or an Oracle or whether you think there's any other real bidders out there and how quickly this can come together. Given the timeline that the administration has put on this, I'm not and I'm not really deeply involved in the actual of sale negotiations. I can't say that I was, I think encouraging to have Oracle step in. I think I expressed some concerns. Previously with you guys on CNBC about Microsoft and its ties. To Communist China or Cole is one of the toughest smartest companies on the planet. And they've been absolutely meticulous about making sure that the Chinese Communist Party has zero influence over them, but But let's see, as president loves to say, Let's see how it pans out. But the bigger issue here really is protecting its candlelight. The joke I made about that Which is too serious. You know, It's like 8 30 in the morning. Uh do the mothers and fathers of America know where the kids are to the Chinese Communist Party? No, no. That's a problem. Navarro, making those comments to CNBC President Trump issuing an executive order in August that imposed a sweeping but unspecified ban on any transaction with by dance.
Public health expert: 50 percent effective coronavirus vaccine would be 'better than what we have now'
"We hit five million US cases yesterday for some perspective. The first nineteen case in the United States is believed to have occurred on February six. We hit one million cases on April Twenty, eight, eighty, two days later. It then took just forty three days to hit the two million mark on June tenth. We hit the three million mark on July seven that was twenty seven days later then just sixteen days later we rich four million US cases and July twenty third and again it took us just sixteen days to hit this five million reported case number right here in the United States joining me now is Dr Tom ingles beans, the director of the Center for Security of the Johns Hopkins Bloomberg School of Public Health Dr Ingles. Be Welcome back to meet the press. WanNa get a little big picture here. You know last week you were you put out a lengthy list of ten recommendations. You guys didn't call it a reset, but sort of like how do we get control of this virus? Now another one of your sort of colleagues in the larger sense Michael Star home is an op Ed. He's basically calling for a reset of some sort New York Times today editorial page calling this. It feels though as public health officials are all calling for some sort of reset. Partial. lockdowns things like this and yet we are not having that conversation at all on the political side of things. Are, are we doomed to sort of live with this virus now if we're not GONNA at all look at your recommendations I DON'T THINK WE'RE DOOMED To this fate I? Think we we know what to do. Other countries have done it. I think the purpose of these resetting reports these for a kind of a reestablishment of the basics. Is that we know that another country's universal masking fiscal, distancing, avoiding large gatherings. Those kinds of things have worked. If we look at countries like Italy and Spain and France, they have a total of about seven or eight deaths today and we have thousand, but it's not magic what they did. We know what they did. So I think if we act together in national unison, we can get there and that's what the purpose of these many of these reports are I want to bring up the issue of masks there've been some people that said if we had ninety five percent compliance unmask wearing, we could get rid of we could sort of get this fires under control. Is that unrealistic and we do need to do more than just mandating masks Do. Not, alone. Not by themselves or alone the solution, but they are a critical part of it. We know that physical distancing makes a big difference. We know that large gatherings are places where super spreading events occur and people have the opportunity or the virus has the opportunity to get around quickly and for. Many people at once. So we have to do a number of things together in terms of you know simple things like diagnostic testing results coming back much more quickly. It's it's unacceptable for the country to have to have testing comeback a week or even two weeks later it's not useful at that point there's no point even doing the test. So a number of that we have to do, but they're not they're not complicated they may be hard, but we have to do them kind of in unison. And all of those, they're not hard except when you when the word politics gets involved, it makes everything a little bit harder and I wanNa keep you out of the political space here. Let me ask you a question about that scenes and to sort of set expectations doctor Fauci implied that the first vaccine that we get, he hopes it's seventy five percent effective. The FDA has said they will approve any vaccine that's at least fifty percent effective. Can you explain to the public what that means what it means and what it doesn't mean and what our expectations should be for the first vaccine Well, we know that many of the vaccines that we use are not perfect. They don't prevent every case of disease but if they prevent a substantial portion of disease than that can help us get to a point where most of us are protected, the disease can spread quickly between people anymore a concept that is called her immunity. Herd immunity doesn't mean we will won't disease anymore. It means it's not gonNA efficiently as efficiently spread in an epidemic form. and. Is there a percentage figure in your mind that you think will sort of give us a huge? Huge step in the right direction is at a vaccine that is at seventy five percent or does fifty percent do you fear that could be a false sense of hope. I think we would take fifty percent because it's fifty percent is a lot better than what we have. Now we've we've no tools to no no vaccine tools or medicine tools that we can use to slow this down. So fifty percent would be would be far better than what we have. Now of course I think we all want something that is seventy, five, eighty, five. Ninety percent effective. But we'll have to see what we get and I think for the amount of time has passed since the beginning of this pandemic to have a vaccine that's even fifty percent effective in in the coming months or the beginning of twenty twenty, one would be phenomenal. But again, we hope it's better but fifty percent would be better than what we have now. Tom ingles be from Johns, Hopkins One of our experts that we have on here regularly, really appreciate you coming on and sharing your expertise with us. Sir.
In Executive Actions, Trump Extends Some Unemployment Benefits, Defers Payroll Taxes
"Thirty million Americans are set to miss another benefits. Check this week and addiction moratorium expired last month for millions more the small business paycheck protection program lapsed on Saturday, and some student loan relief will expire at the end of September president. Trump's action sets a weekly unemployment benefit at four hundred dollars. Why did you decide on four hundred dollars when previously families were receiving six hundred that will be a hardship for many what do you say to them? Hardship. This is the money that they need. This is the money they want. This gives them a great incentive to go back to work. The President says states many of which are dealing with budget gaps in pleading for more federal support must contribute twenty five percent in order for Americans to qualify which governors and told you that they would sign on they don't they don't that's up to them among the other new. Orders deferring the payroll tax for workers earning less than one hundred, thousand a year, a move opposed by many congressional Democrats and Republicans suggesting federal agencies consider some eviction protections and deferring student loan payments. The constitution does not give the president power to either appropriate or tax without Congress president trump want promised to be a deal maker. I'm different than other presidents I'm a dealmaker I do hundreds of deals ideals to the. Deals come out of my ears do deals I mean you have to do deals we don't want to do the executive orders all the time it wasn't supposed to be about executive orders you have to bring them like tip O'Neill and Ronald Reagan you have to bring them together but now a deal loose it with the two sides trillions of dollars a part of a wider package which Democrats say should include money. For schools reopening for virus testing and aid to cities and states I stayed come back when you're ready to give a higher number at his golf club this weekend, the president spun the facts both on the economy for twenty straight weeks. Unemployment claims topped one million shattering historical records
Navarro: Trump Executive Order on Drug Prices a "Beautiful Thing"
"White House trade advisor Peter Navarro spoke with CBS News What this executive order does. It's a beautiful thing. It's pure trump. It's by American for our government agencies like the Department of Defense, HHS and Veterans Affairs. It sweeps away some of the regulatory barriers to traditional manufacturing pharmaceuticals on our shores here. The president will be signing the executive order today during his visit to a World Pool appliance factory in northern Ohio. But so far the headline out of that event has been that as they tested people for Corona, who'd be close to the president turns out the governor of Ohio. Mike DeWine testing positive for Corona virus. His office says he's not exhibiting, though. Any symptoms. There was a big overnight fire in the basement of a house in Paterson, New Jersey, and police say they uncovered a
Tipping the Waiter at the TikTok Table; Howard Schultz: This is a five-star emergency
"Up on today's podcast tech and the platform that's finally got adults talking tick tock tech stocks have been on a tear salesforce Microsoft and facebook all hit record highs this week. But leading the charge apple last Friday I will lead over ten percent in one day yesterday the stock closed at an all time high and now apple is just a few percentage points away from hitting a two trillion dollars market cap the golden number to get it there four, hundred, sixty, seven dollars and seventy seven cents a share. And it looks like apple wine this milestone before it's order one stock split goes into effect at the end of this month. The other companies in the headlines? This Week tiktok beloved by teems commonly misunderstood adults, and now a chesapeake in international business and diplomacy. Here's injury Ross Mark and we've been talking TIKTOK and Microsoft and all of what's happening in Washington. Eunice Yoon reporting now that it's not just Microsoft but to other tech firms that are in talks with Tik Tok owner by dance over a possible sale in president trump said yesterday, he was ready to approve a purchase of the US operations tiktok. But then he said the only woman to do it if the government receives a lot of money in exchange listen to this. Microsoft or somebody else who was the Chinese? What what the price is the United States could should get a very large percentage of that price because we're making it possible without us you know I use the expression it's like the landlord and the tenant. And without the lease the tenant doesn't have the value what we're sort of in a certain way the lease we make it possible to have this great success, tick toxic tremendous success, but a big portion of its in this country. Sale? Yeah. Whatever the number is, would it would come from the civil on Wall Street banker problems. By the way they call that tipping the waiter, but I don't think we've ever tipped the government for transaction president trump said he told Microsoft's CEO that a very substantial portion of the price is going to have to come into the treasury of the United States because quote or making it possible for this deal to happen I was on the phone by the way with. The people involved in this transaction deal teams on all sides who heard that yesterday. Couldn't really even make. Heads or tails of what the president was saying how. Would you hey the government what would that look like could there be a formulation where ultimately you come to some kind of transactional agreement and then you announce that you're making some kind of infrastructure investment in the in the United States who you're going to create some kind of jobs I'm literally, this is the conversation that's happening inside the room among these companies. If we created some companies without yesterday we got to it. It's what did you say? I. Heard it reported yesterday when I first started reporter yesterday I thought he's just saying this stuff off the cuff he doesn't really mean it. Then I saw what he actually said I thought wow, he does mean it. I don't even know how you could possibly as somebody WHO's working on this deal come up with anything that makes any sense and Steve Ballmer Steve Balmer was with us yesterday and said as a shareholder as the top shareholder Microsoft he would love to see this deal get done at the right price. Gets an exciting proposition for Microsoft. obviously depends on the price. Price is important as well as whatever restrictions come from a government perspective but I think it's an exciting avenue for Microsoft to really increase its consumer base. I don't know how you figure out any sort of pricing right pricing when you have to then go in and add some significant number on top that you'd be paying to the US Treasury. Well, what are they? Going to happen is because this is a bit of evaluation game. And I hate to say, we're going to be using trump valuation but I think that what's going to happen is they're going to effectively. Create a higher valuation for the overall business. Then kind of create something where they can say we're giving you something and that bite dance is giving it. That's the other important part of the view at least from what I understand Turnley among these groups is that the money has to come out of China not out of a US company. So you're going to have to make it appear whatever that whatever it is that you're giving to appear that China's not getting part of that's because Peter Navarro and others don't frankly want US money. Ten twenty thirty billion forty billion dollars ending up in the hands of China for the. So there's so many sort of China. has already weighed in. On this today that China has weighed in on this today through some of the states that media where they are saying that you know the US is basically stealing us and trying to do take off with this that it's a rogue nation now at this point. So the idea that you are going to come up with something that satisfies the trump administration and at the same time satisfies the communist government in China Good luck with that I mean this is they're going to get caught in between the two the two with this because even though China may not. Necessarily, be looking for some of the same angles. It's not going to say, okay, it's okay for the US to come out looking like this and stealing our company and don't worry about it. CEO of Tiktok you know or bite dance don't worry about it. We'll live with that sort of a kind of a slap in the face. To all this stuff we're talking about it. Sorry Andrew it. It overshadows the the lead of the story right and that's that there are possibly other suitors for the US. Of tiktok, we we we talked yesterday Andrew about well, maybe media companies would be interested in this property. Now, you know the the wording here that that we use her that Eunice was reporting was other tech offense, which which makes it even more interesting and who these other tech companies. May Be an at. Are they based in the US or are they elsewhere? It would be very I. I would imagine it would be very hard for Google or Amazon or an apple etc to try to buy this company given the anti-trust pressures on them, I. Think my understanding was that the White House preferred that liked the Microsoft choice from a regulatory perspective. So it's all very interesting by the way the other piece of this is the part I. Really don't understand if you're apple today, you know we're talking about this two trillion dollars market cap that keeps going up and up and up. Given. Given. The China risks now now, maybe look they foxconn supplying hundreds of thousands of people if not more than are making these phone so maybe they can't just say to Tim. Cook. Good luck to you but I would think there would be risk if we do this to a Tiktok what kind of a backlash reciprocal. Backlash is China going to have for some US companies doing business there? That's the part I don't understand say knock built into any of the. It it's it's no different than the same conversations we were having during the depths of the trade war. Right? We had these same conversations. We push too hard if the tariffs are to punitive companies are companies like apple, the ones that are going to face the pushback or the retaliation in some way and I think it's fair to say that that that never really came back to these two tech companies I mean, she didn't say where those tech companies were based and and I wonder what the US would do that if if it was being pursued by a company, another technology company based in China but not based in the United States either how would Sylvia's see something like that and would they still threaten to turn off the the APP in the United States if it was not a US company?
Trump Administration Imposes Deadline For TikTok To Be Sold
"Chinese company that owns tiktok is under a little bit of pressure from President Trump and is considering selling you the president says, he thinks tiktok is a threat to US security even given the company kind of deadline by set a date of around September fifteenth at which point is going to be out of business in the United States. Now, over the weekend president trump talked to the CEO of Microsoft, which is a potential buyer here NPR's tech reporter Bobby. Allen is with us this morning. Hi, Bobby Hey Rachel. So take a step. Back, Bobby, why does president trump have an interest in tick talks US operations in the first place? Well, trump never mentions TIKTOK without saying China to talks parent company. Bite dance is based in Beijing and trump says that means tiktok could be harvesting the private data of millions of Americans and sharing with the Chinese Communist Party now whether that's really happening is up for debate but trump, it's black or white right? It's took talks either stays chinese-owned and will be banned or the APP is bought by an American company like Microsoft and can stick around. Right. So No L. Mention this Microsoft CEO talk with President Trump over the weekend about the possibility of requiring Tiktok but that's rather remarkable. Right? Like why did the CEO of a private company feel the need to run this by the president right and that's because the trump administration including trade adviser Peter Navarro has been peering on Cable News and saying the White House does not trust Microsoft. And while it looks like right now that Microsoft has won back the confidence of the White House. The company just really wants to make sure absolutely has the blessing of the administration before trying to take Tiktok over and a big part of Microsoft's pledge is to ensure that no TIKTOK data ever leaves Americans shores. Yes to your question. The president getting intimately involved in a private company merger talks is not typical but talk right in APP known for dance challenges and Prank Videos. No last finding itself as the latest political football in Washington is dealing with just that. Can we close by talking about the business end of this like what's in it for Microsoft to buy Tiktok? What do they get out of this potential? So we hear the word Microsoft when we think of the company many people still think of windows, right? It's not exactly the hippest image in the world, but Microsoft does own xbox. It's one actually one of its most successful businesses and there's a lot of crossover potential between gamers and tiktok users not to mention bringing on tiktok would allow Microsoft to go toe to toe with facebook. Which sees talks huge popularity and is pretty envious.
"peter navarro" Discussed on Pro Rata
"Tiktok. After we finished taping with Peter Navarro President Trump said this. Whether it's a Microsoft or somebody else buys it that'll be interesting I did say that if you buy it, whatever the price is that goes to whoever owns it because I guess it's China essentially but more than anything else I said a very substantial portion. The price is going to have to come into the treasury of the United States. because. We're making it possible for this deal to happen. No that's not how this works and yes his statements do skate very close to extortion. Or watching today is the XFL. The Spring football league founded by wrestling presario Vince McMahon which fell into bankruptcy after the corona virus. season. Today. An investor group that includes Dwayne the Rock Johnson agreed to pay fifteen million dollars for the XFL's assets and the buyers. Now hope to strike a few major media deals that would justify much greater investment in restarting the League. They were also watching a very different bankruptcy saga. This time when it comes to retail to more big brands went chapter eleven in the past twenty, four hours I men's warehouse and second Lord and Taylor, which is the country's oldest department store chain. We don't know what the future for either of these companies is but I do know that they will not be the last retailers to go bust during the pandemic. And we're done big. Thanks for listening. It's producers Tim Chauffeur's Naomi. Shaven have a great national watermelon day and we'll be back tomorrow with another axios recap..
Amid White House criticism, Fauci urges focus on virus and an end to 'nonsense'
"Trump administration infighting over how to handle the virus pandemic has gone public in extraordinary fashion officials in and out of the White House have been publicly undermining Dr Anthony Fauci it is a good bizarre I don't really fully understand it including a USA today opinion piece from White House trade adviser Peter Navarro ripping out she is in a world by himself so I don't even want to go there about she tells the Atlantic the virus outbreaks going in the wrong direction it's no time for political gains let's stop this nonsense and figure out how can we get our control over this now in a rare moment of trying to ease tensions president trump stepped into referee we're all in the same game we want to get rid of this mass Sager make ani Washington
White House denies Trump authorized anti-Fauci op-ed
"In a USA Today op Ed White House Trade advisor Peter Navarro attacked Dr Anthony Fauci of N I H, saying the nation's leading infectious disease expert has a good bedside manner with the public. But quote has been wrong about everything. I have interaction with him on. The White House has since told CBS News Navarro had gone rogue. Douchey himself was later asked about the mixed messages coming from the federal government amid this deadly pandemic here, CBS News chief Washington correspondent Major Garrett along with Fauci's response, the most part you can trust respected medical authorities. I believe I'm one of them. So I think you can trust me. Previous presidents have doctor found she advised President Obama during the Ebola crisis, President George W. Bush awarded him the Medal of Freedom. Fauci has called attempt to discredit him. Arun counterproductive.
Texas and Florida pass 10,000 confirmed new virus cases in single day
"Texas in Florida each recorded more than 10,000 new Corona virus cases today. At the White House. President Trump was asked about an op ed in Yusa today from his trade representative Peter Navarro. That is critical of Dr Anthony Fauci. We're all in the same team, including doctor found, You have a very good relationship. With Dr Fauci and we're all in the same team. We want to get rid of this mess that China sent.
White House Disavows Attack On Fauci By Trump Trade Adviser
"President Trump is backing infectious disease expert Dr Anthony Fauci. We're all in the same team. We want to get rid of this mess that China sent is not in a blistering op ed today, White House Trade advisor Peter Navarro rights found. She has been wrong about
Trump says Navarro shouldn't have written op-ed slamming Fauci
"Down South this afternoon in Atlanta, Georgia, talking about infrastructure and a ups, huh? Bright by the Atlanta airport earlier today at the White House, he maintained he has a good relationship with the nation's top infectious disease expert. Dr Anthony Fauci. Those comments coming after a critical op ed was published from his trade advisor Peter Navarro, telling
Trump says Navarro shouldn't have written op-ed slamming Fauci
"From the president on what White House Trade advisor Peter Navarro said in an op ed in use a today Navarro wrote. The top White House infectious disease expert, Dr Anthony Fauci has been wrong on everything. I've interacted with him on President Trump answering reporter's questions today at the White House. I get along very well that you have a very good relationship. Well, that's none of us would have a very good relationship with Dr Dr Fauci is calling Cove in 19 a pandemic of historic proposed proportions.
White House says Navarro acted alone writing op-ed slamming Fauci
"Deal with a wave and violence. The White House says that the trade advisor Peter Navarro acted alone when he criticised Dr Anthony Fauci in
White House trade adviser Navarro critical of Dr. Fauci
"The White House is trying to distance itself after its trade adviser criticized Dr Anthony Fauci USA today published an opinion piece by Peter Navarro outlining the ways he's disagreed without G. White House strategic communications chief Alyssa Flores says the peace did not go through normal clearance processes and is Navarro's opinion alone but it comes as trump allies in and out of the White House have been trying to discredit vowed she asked yesterday at a Georgetown University event just home American should trust about the virus pandemic felt she said for the most part trust respected medical authorities I believe I'm one of them so I think you can trust me sabar mag ani Washington
The Nasdaq hits another record, though stocks were off their highs at the close
"Run on sun on Wall Street stocks rally today recovering from an overnight loss in the Dow four hundred points after White House trade adviser Peter Navarro suggested that the U. S. China trade deal was off he walked that back in on the president denied it today saying the deal was entirely intact that allowed for a big rally in stocks but we did close off the highs of the day the nasdaq though hit a new high the Dow up one thirty one to twenty six thousand one fifty six the S. and P. up thirteen on the day the thirty one thirty one tech leading the charge again as Microsoft Amazon apple and a handful of other big name technology stocks hit new all time highs pushing the nasdaq to a record as well up seventy five points at ten thousand one to thirty one bolded Vance eighteen dollars as the dollar weakened seventeen eighty four the ounce the price of oil was down forty eight cents on the day interest rates popped up not only on the stock market's advance but on stronger than expected economic data not only out of Europe but here at home as well as new home sales rose by sixteen point six percent last month that was much larger jump than was expected some pricing in a V. shaped recovery in the economy as the market continues to
Trump says China trade deal 'intact' hours after senior aide declares it 'over'
"President trump is reassuring investors that his trade deal with China is still on the president took to Twitter to say the agreement is fully intact after trade adviser Peter Navarro told fox the pact was over the viral later said his comment had nothing at all to do with the phase one trade deal and that it was taken out of
"peter navarro" Discussed on WTOP
"Trade adviser Peter Navarro that could put the president at odds with some leader and leaders in Congress including Senate Majority Leader Mitch McConnell who called for a smaller relief package ever telling fox news the president is also looking into a payroll tax cut and ways to bring manufacturing jobs back to the United States and what what could be the fourth round of stimulus personal trainers in Virginia a little busier now that they can open gyms again this after the state moved into phase two of its coronavirus re opening planned work cited to to be able to get people back in the gym just in case owns underground athlete a personal training gym in Fairfax county he says to keep people safe we've got dedicated spots in the gym for each person each person have a designated place to warm up clients will wear masks and will use equipment that's been thoroughly sanitized he's leaving thirty minutes in between each session for trainers to clean it also says when it comes to clients there in three camps and people that are ready to come in day one you've got your people that are going to sit back and see a week or two how things go and then you've got your other people that are that are just like Hey we love the online stuff and for the last group he's keeping the virtual workouts going Mike Morello WTOP news starting tomorrow the district expanding its free Coba nineteen testing sites from two to four fire houses across the city for fire houses will be open from Monday through Saturday firehouse testing sites are walk up and no appointment is needed the testing at these sites is done by personnel from the DC fire and EMS departments the public health lab and the department of health for more specifics on DC testing sites at sites across the region you could head to WTOP dot com as summer arrives and questions about the start of school in the fall remain how do educators and parents actually feel about distance learning recent polls by G. B. A. O. strategies reach some different conclusions one finds the primary concern of educators is keeping students engaged their mental health and access to the internet parents meantime worry about their kids missing their friends teachers and extra curricular activities the surveys with margins of error of plus or minus four point four percent and three point seven percent also found Maryland voters don't think the state spends enough on education including how much teachers are paid Brendan Hazelton WTOP news so are you being less diligent about washing your hands are you still staying home you may be experiencing a quarantine fatigues more broadly known as caution fatigue and it's hard wired into your brain weeks ago with the threat new and urgent fear may have motivated you to closely follow recommended safety precautions now that sense of immediacy may have faded CNN reports with fear no longer the motivation to look for another source of.
"peter navarro" Discussed on NBC Meet the Press
"That they feel if that occurs is a real risk that you will trigger. An outbreak two might not be able to control preparedness without better planning. Twenty twenty would be the darkest winter in modern. History is nothing more than a just run unhappy person and now this from former President Obama and this pandemic is fully finally torn back curtain on the idea that so many of the folks in charge know what they're doing my guest this morning Defense Production Coordinator Peter Navarro and Dr. Tom INGLES BE JOHNS Hopkins University. Plus partisan pandemic anti shutdown demonstrations across the country while in Wisconsin states conservative Supreme Court overturns the Democratic Governors. Stay at home order. I don't think that the risk presents any higher than me going into grocery store also all those conspiracy clay. There's another agenda. It's not just the how. And why so? Many baseless conspiracy ideas are spreading during this crisis. I'll talk to NBC News. National security analysts. Clint walks joining me for insight and analysis are Peter Alexander White House correspondent for NBC News. Anna Palmer senior Washington correspondent for political. And you Michel Cinder White House correspondent for PBS. News out. Welcome to Sunday. It's meet the press and our continuing coverage of the corona virus pandemic from NBC News in Washington the longest running show in television history. This is meet the press with Chuck. Good.
"peter navarro" Discussed on CATS Roundtable
"This is the cat's table. John Cats Matiz here Sunday morning. What's going to happen at twenty twenty? What's the economy's GonNa do? Twenty two thousand eighteen has been a great year for all Americans and with us this morning. Is Peter Navarro. He's the director of the Office of Trade and manufacturing policy for president trump. Good Morning Peter. How are you happy New Year John on anyone happy new year and it was a great year for twenty one thousand nine hundred tell us how twenty twenty s so so so here? Here's a background for you. listeners. Before joining the trump administration my bag as it were being a macro economic on the forecast your businesses and for stock market investors. So my my idea would be to look at the chessboard. And in until you're out whether you we're GONNA have a Berisha bullish scenario And I would always be based on whether you're going to have a stronger economy so so the kids. The great news is absolutely the news. Twenty twenty Is Setting up beautifully off for both a strong economy In a bullish dog Mark Collier argue my forecast basically Will be much closer to three percents. GDP growth two percent for years. And I took some months ago that we have thousands on the Dow if We were able to pass the US Mexico Canada agreement and is lower interest rates from the Fed. Both of those things have been pulling the place waiting for the Senate feel deal on. US NCAA then the stock not moving upward. And I anticipate in continue. So so. What's the nature of the bullish forecasts? You on the way I look at. It is if you look at the economy. Scott feel drivers to consumers you got investment government spending you've got called called net. Exports Difference between how much is export which creates a bunch of jobs and how much import which is a job killer you know take a look at what. President trump has done is basically an economic strategy. That goes back to my time on the campaign when you talked about Stimulating economic growth from four points of the compass. Theo relation tax cuts on new. She energy sector in fair and balanced. That's true so here's where we are right now. Because trump and trump strategies worked so well. We've had really really strong employment numbers. The lowest unemployment rate then walked on new stores are low for blacks Hispanics edits and then And we've got wives and wages. So what does that translates into confidence consumers to translate in degraded the purchasing power because the rising wages and consumers the anchor of the boom. That's GonNa crew in twenty twenty but that's not that's not all by Muse me as if you look at the government in terms of economic driver. We had a really good breath John Last week when an Congress finally did something new past two things. They Pass Appropriations Bill between twenty and they passed also the national defense authorization. Russian ask the Chazelle that defense spending in it Those are great. Jobs and great wages can have a solid GOVERNMENT NJ a driving the economy along with consumers. Now it's even better five trade deal covering more than sixty percent of all the world trade and you're GONNA get put into place in twenty twenty. got a great deal of Japan. The Union the South Korea veal got candidate in Mexico and the US Canada and Mexico and got a phase one deal with China. So we're really strong on canonical out of that. And then business investment because growing so well and so strong here the business investment thus when flooding to you in the auto industry the cars in the US that Mexico candidate agreement we'd show strong incentives the mystic investment and domestic production offshoring. All the jobs. So this junk this is economy on the president. Donald J trump. Aw Setting a beautiful for economic boom in twenty twenty in a bull market. CNBC reported that the Markets in twenty twenty. Nine thousand. Nine hundred have gone up the world markets seventeen trillion dollars. They also reported that Massa charge has said that the increase in consumer spending for the Christmas holidays is over three point four percent which is a record high so consumer optimism is great and I guess based on also on the on markets and it's real optimism. John False his optimism. There's an it's real optimism because everybody wants a job get a job and the trump economy everybody wants to look for a better job as your whoa opportunities to do so and that gives families sitting around the cat. Kitchen table A lot of comfort. We're also seeing wages. Rise disproportionally is proportionally faster in trump country in the lower end of the income stream With president trump is done. This is truly remarkable. uh-huh is transformed the Republican Party into the plays. You'll see in class. C got Always Blue Collar Democrats who they that they used to call Reagan. Democrats now trump in the class. Who who are really supporting this president because he's creating all of these Jobs lobs Across the country in and manufacturing the new. And you're the trench industrial base is doing over seven billion dollars when you have been spent on the defense budget. northerns I do at the White House is making sure that we have fast foods Bill combat vehicles vehicles in places like New York Pennsylvania Line Ohio or with a lot shipped shipyards a robust again. After a they're really going downhill places like Chile. Shipyard Marinette concentrate Tuscaloosa Alabama. It's just it's just Pascagoula seeking until it's a beautiful thing and people should look look forward to twenty twenty one of the best years of insurgent history economically and. This doesn't count that. I understand Dan that if Britain Great Britain goes brexit that. We're going to do a deal to bring them into better economic policies just between us who was the Brits through for over two years. We're chopping at the bit there chomping at the bit the problem there's just purely the administrative point of view that we cannot enter into an agreement as long as they're still technically part A the European Union so that hard Brexit will new full negotiations The good news is that historically Arkley. It's always been easier to get mutually beneficial trade deals when you have economies that are similar to yours wars meaning that we're both industrial economies a lot of times in the past. He tried to trade deal with velvet countries. You gotTA commit some of their manufacturing base in exchange for some of your by some of our Our products and it just doesn't work quite as well all speed ahead for the UK. Now you feel happy. Markets in the states dow hit thirty thousand. That's ridiculous today's I'm on record. There's no back at you Google Peter Navarro and Dow thirty thousand. And then you see. I made that prediction both on CNBC NBC and Fox Must be much go in and by the way for you listeners I would like to say I have some significant credibility on this because you're on the day after the election on the river nice about seven am on CNBC squawk box when the teachers will down hundreds and hundreds of points. I don't squawk box and I was only one on the planet. He said we were GonNa hit twenty five thousand on the Dow the trump administration and I laid out the four main reasons. Why which were those four points in the compass I I do it? which was the tax cuts away? She cheap energy and fair trade. And so I made that prediction on November. Nine Twenty Sixteen we got to twenty five thousand and thirty thousand on the Dow couple of months ago. We're going to get there as well. That's me I'm thinking. Thirty thousand the under twenty one sanskrit Last question China are things falling into place yet. Moving food it Just just the way Ambassador Robert White House chief. Negotiator has said he needs came in principle to a phase. One reveal Some weeks ago The remaining task which is the central part of the process is to translate fix page age with me which is an English into Chinese and they made sure that that Chinese edition basically assess accurately the English version. And once that's done new on to a signing ceremony. The good news is that China's already buying all substantial amounts of agricultural products And so all systems appear to be go for that and We're going to be very positive and optimistic in that game. Peter Navarro thank you so much happy New Year and thank you for what you do for our country and and and the world world now and hope to catch up with your New Year call call me at any John Young told about President Donald J trump and his vision for America. Thank you this is the table. We'll be right back..
"peter navarro" Discussed on The Takeaway
"To help us break down the effects of the trump administration eight policy with China I'm joined by Alex Lawson editor at large at law three sixty Alex welcome back to the show thank you so much Zina so we just you heard our conversation with Peter Navarro and about the trump administration's policy on tariffs any specific points that you'd like to respond to clarify he I thought it was interesting that when you pressed him about the the fact that manufacturing has contracted to its lowest point in just about a decade he quickly pivoted to placing blame on the Federal Reserve and it's you know reluctance to do a rate cut that's a fair enough point I suppose but I think it's worth noting that in that study that you sited to him specifically the actual manufacturers who were interviewed for it cited the tariffs and the you know there's the proliferation of those tears as a reason for why they have contracted at their output is lower than it is so I mean it's not as though we can just glide pass this pretend it's not having an effect it is the administration has tried to sort of blunt the affect the tariffs in choosing which which products they apply to and rolling them out in a strategic way but it's very clear that it's having an impact so we're heading into talks on Thursday. US and China are back at the negotiating table are you expecting anything different to come out of these talks it's tough to see okay I mean I we've we've been at this for just about two years now and all that there is to show for it is you know a tariff on basically every single US it's going to China and about seventy percent of Chinese products coming in coming into the US with tariffs and at every stage it's been you know couple steps forward and maybe a couple of steps back back they were sort of sounding optimistic heading into this round but I've until some concrete progress is made I don't I think that there is any reason to think that it actually will both governments have made clear that they are willing to sort of go to the hilt on Tariffs and even going beyond and tariffs in terms of trade actions which which we can talk about a little bit if you like well I wanted to get to trade in a minute but we the president postponed the tariffs that were supposed to go into right right now before the holidays but are we expecting Christmas tariffs and could that turn the tide and change public opinion about what's happening that's sort of the the big that that that that's the next big looming monolith here which is that there th there's a tariff hike that's supposed to go into effect on October fifteenth that those are existing offs that are going to go for my belief twenty five percent to thirty percent but but but the next thing that's really looming is this December fifteenth tariff hit that you're talking about and this is sort of the land this is like really been considered the third rail of this entire thing because as I indicated before the US has has for the most part tried to just keep tariffs applied like industrial goods things that are used to make other things they've tried they've tried their best to avoid them on consumer products with a few exceptions but the ones that are supposed to take place in December without some other delay which could happen are things like laptops televisions toys clothing things that you and I by that we are therefore more likely to feel the price effects of until now you know when you're a little bit up the supply chain on some piece of steel that's us is to make some other thing you know businesses can hide the ball a little bit in terms of how they're raising prices but when it gets down to actual expensive consumer goods that you and I I definitely possible that the prices could be going up significantly we asked Peter Navarro about the the trump administration's authorization to billions of dollars in aid eight for us farmers that are apparently you know they're needing this after the tariff and how well is that aid package working out for farmers and how is it playing out politically yeah it's important to note that that came about because it's not just the US tariffs that exist in isolation China has responded in kind and that has an outside affects effect on the agricultural sector so just putting that out there the sort of reports that you hear from farm country are somewhat scattershot where it's like Whoa certainly appreciate that the government is going to give us money to blunt the effect of of this trade skirmish they've gotten into but like any government probe program there are there are reports that stuff is quite getting there on time there's a long bureaucratic process to go through there was a report I believe in Bloomberg that the US is paid something like a million dollars in interest for late payments on these things because it's taking time to filter down and almost to a person even the the the farmers were interviewed appreciate the help almost to a person they almost always say this is nice but we would much rather not have to like depend on the government for payments that may or may not come at later defined date we will just able to trade as we were before and that is we're not really close to that happening anytime soon we also asked Peter Navarro about this assist the economy's been strong for the past few years but we have a slowing bond market economists are warning of the risk of recession the future partly because of this trade for what could happen to the economy if that happens and if terrorists continue to rise it's very tricky I mean you never did the the sort of economist Party China's like tariffs will never cause a recession but it definitely not going to help you and I think it's I mean it's it's pretty clear I mean the sort of advance.
"peter navarro" Discussed on The Takeaway
"Blonde Thursday is an end to the trade war finally incite it's not a trade negotiation it's really a negotiation about bringing about a fundamental change in a Communist countries state capitalism Peter Navarro Assistant to the president on trade joins us to discuss plus the US minist- paying nearly thirteen million dollars per detainee in Guantanamo Bay making the site one of the most expensive prisons in the world they built it out of reach the American people out of reach of the American courts and then they put this prison down there and decided to bring to the prison anything that they needed to make it function that's how the NBA struggles to balance Whoa P- reputation with its expanding Chinese market with so pan deb of the New York Times lots to get to so let's hit it on Thursday trade talks are set to resume between the US and China as a trade war between the nation's that's lasted more than a year continues joining me now from Washington his Peter Navarro Assistant to the President and director of the Office of Trade and Manufacturing Policy Peter Welcome to the takeaway great pleasure to be with you is Vega so let's start with the US Japan Trade Agreement that the trump administration released yesterday looks like digital protections are pretty strong in the US beef and pork and he's industries are coming out as winners question for you all these benefits would have been locked in with the TPP partnership the trans-pacific partnership was it worth backing out of that for this deal absolutely the difference between a bilateral trade deal Japan and being in the TPP is is a huge huge difference here here's the problem we had with the TPP or we already had trade agreements with six of the country he's within the TPP the other five countries China of Schumi Japan comprised over ninety percent of the GDP so we really would've had to give away a lot in order to get what we got from Japan including both our auto and auto-parts industry the deal we got with Japan we didn't have to do that So it was really a great victory for president trump and great stroke of negotiating by Ambassador Robert Lighthizer talk a little bit about some of the things that did have given away here there was the US rice industry propane semiconductors and there are currently no protections against currency manipulation was it worth it. This is a great deal with Japan I'm surprised actually that one would question was one of the great deals that we've struck so far to date We struck the deal with Japan we have the Canada and Mexico deal on the table waiting only Nancy Pelosi to put it on the floor this president is doing remarkable things we have China to the negotiating table It would have been a horrible mistake for the US to enter the trans-pacific partnership we basically would have had to divide our manufacturing base up between eleven different countries in order to get very modest benefits you said As we mentioned at the top China and the US are at the negotiating table starting later this week trade negotiations are about to re- zoom what's GonNa Happen Peter for you to consider these talks a success it all begins with what I've referred to as the seven deadly sins the seven structural problems that we face with China and for your listeners it's it's really important to understand that context let me go who them quickly and briefly you have The cyber hacking of our business computers to steal our trade secrets you have the intellectual property theft which costs America you order of several hundred billion dollars a year for technology transfer is a condition if you're an American company and you want market access to China absolutely against the rules of the World Trade Organization China massively dumps products below cost into our markets costs US factories and jobs they run on state owned enterprises against American corporations massively subsidised that's not fair currency manipulation gene is a huge problem and one of the things that really is important to president trump and myself made in China Fenton all and other opioids will kill over one hundred Americans by day's end over thousand by the end of this week and over fifty thousand a year and the Chinese keep promising they're going to handle that they have and so that's the context we did have a deal with them about six months ago on the table to deal with oh seven verticals it would have been a great deal for the world they backed away from it so success metric here is based on that original deal that they reneged on let's see where we get to talk a little bit about how politics is going to play into this Peter I mean in advance of these talks with China the president asked China to invest it gate his political rival Joe Biden do you think that's going to have any effect on what's happening this week no well the house impeachment inquiry speaking about that is taking up a lot of the president's bandwidth rate now do you think China I mean can't China just afford to prolong these talks up until the election the next election so there's really two questions there I think it's a it's a tragedy for this nation for the president to have to take it up so much bandwidth as you referred to it for me there's only one question related to impeachment that needs answering I and that's simply this or the Democrats trying to overthrow a duly elected president because they can't beat him at the ballot box I call it at the Al Green question because that's what Congressman Al Green admitted it's it's it's this is a divisive process the thing I can tell you misery Being at the White House from day one and going through an earlier witch hunt with muller crisis is the president stays absolutely focused on the mission which is to create good jobs at good wages for the American people we're at six million jobs in county over half a million manufacturing jobs and we have the lowest unemployment rate sense a man walked on the moon impeach that well we're talking with Peter Navarro Assistant to the press didn't Peter up I want to touch on a number of things you just mentioned here will pivot for a second here to the US economy you were on CNBC on September thirtieth and you're asked Pacific really about manufacturing. Let's take a listen to what your response was I don't even know why you're going down this path. This trump economy is strong as Iraq manufact- actioning as strong as Iraq so let's break that down into your point unemployment has hit a fifty year low here in the United States but manufacturing killer Peter is not doing so well the day after you or on CNBC the Institute for Supply Management Factory Index showed that the manufacturing sector was at its weakest point since the great recession how do you respond I look I look very carefully at the numbers the biggest problem that we're facing right now as the Federal Reserve's policy on interest rates which is widely out of synchronization with the central banks of the rest of the world when Jerome Powell assume the chairmanship of the Fed he began a very aggressive rate hike now what that does for your listeners to understand is that that drives up the higher interest rates than drive up the value of the US dollar then a stronger dollar reduces our exports and that really uses our export growth and we saw that in the Q. Two numbers where we lost two thirds of a point of growth we were down to around two percents a two point.
"peter navarro" Discussed on Squawk Pod
"Like any other things involved. Maybe the weightlessness but I think you can go in check out in a different way. Would you go next year not next year now. All these billionaires from his kids are in college. All they think about is doing the treatise of going into space. is she agree with you but if they can make much quicker than air travel for long distance right that that sounds amazing if they get to that point it was then you can travel to Australia in the space of an hour so the hyperloop. Washington it just go up to the moon and that's this is to go to Muno Saxon book but all those technology. That's being developed. I imagined in a decade or two two decades time will allow supersonic at travel again or whatever it's going to be but that has a point to think a lot of our viewers from Greenwich to New York City a little quick global investing is the Hongkong Australian wherever that was at least at least a handful that will benefit our guest host coming up. There's a lot of travel but he would right in and let us know if you want Joe to go. Just No. It's not me wanted says he's going to go but he's afraid to fly but he's going to go into space now. I'm not going Let's get to our guest host Mohammed Al Arian. I'll eons chief economic adviser years ago when he moved here head of choice he picked stocks and bonds he get a choice to pick teams here. He picked the mets and in the jets not the Yankees or the giants so long time ago. Nineteen sixty-nine doesn't mean anything for for stocks or yeah you're right. Monkeys longtime loyalty comet China Trade. I watched the markets if there's a constitutional crisis. I assume we'll have a pretty big break in in equity markets as if I got that right or could it just could you see no reflexive what's going on politically in the in the stock market Joe. We've had relative stability now now for a while and I think that reflects two things one is a ceasefire on trade. We neither neither have we resolved. No have we intensified the trade war but secondly and more importantly is to hope in markets that we're going to have a hand off a hand off on monetary policy fiscal policy. Will you address what I what I meant though and so let me let me a break I if there was something else another shoe drops that looks bad where could change the dynamic in the Senate in terms of Republicans Republicans change public opinion. Would you expect the stock market at that point to sell off. Yeah I mean if if the Senate evolves in such a way that an impeachment right then we would most likely sell off yes but what's the timeframe for that because Democrats are saying that this is going to be a relatively tight timeframe hearings over the next few weeks weeks deposition of five State Department officials this week and possibly vote by November so does that mean that this could be over and done with relatively soon here it could be. I mean but the market assumes that the Senate will continue to stand by president trump. That's a critical assumption in the marketplace right now but the distraction stays by president trump. If this does not result I think the market has learned to brush off all these political maneuverings and focus on on whether you can get a hand off in policy. If you really want to know what we are going to be in the next three months Oscar Germany is going to be because the assumption is that we're GONNA get fiscal expansion out of Germany. I'm not sure we will but that assumption is deeply embedded so we won't we don't need. We don't WanNa talk about it. We'd rather talk about all this other so it's maybe trade with China behavior. Hey what what does that mean we need to. We need infrastructure. You're talking about a hand first of all it's trade plus possibility of investment war which was Friday plus the possibility of a currency war and watch that okay because the probability of that changes right now when the ceasefire everything is fine. We're talking etc but that can move on the second. Element is is on the policy side. I don't think we've talked enough about what's happening. Repo market as a reflection of of concerns that central banks are no longer in full control of outcomes. It hasn't had an impact on the market yet. Why because democracy has that's okay. Monetary Energy Policy may become ineffective in the case of Europe harmful but we've got fiscal policy coming. If that doesn't materialize then we have a significant downside aid risk out there DreamWorks Animated Adventure Abominable Topped The weekend box office with twenty point nine million dollars in ticket sales abominable marks the seventh number one film this year for Universal or eight if you Count Downton Abbey released by the studios special label focus features. Here's I was glad abominable wasn't in the teleprompter one more time because I think I only got it twice. Lucky to have gotten it twice. Will you see maybe we'll I thought it was a this little fellows is watching. I apologize but I thought it got todd by the latest series dot com but you could re juvenile it in a movie couldn't that you were perhaps we say it if I'm with Mama whatever but I come otherwise you're interested in in getting an update on what Carson's up do with Mrs Hughes and all that's a good car to the rest of them are really tired and repetitive so I advise you to NBC TV because they have milk. I I miss him. I made a live at the boy so we saw it on Wednesday on Saturday and I would recommend you go see it really really does something actually happen. Yes the Countess's back right into the visit of this cousin Matthew Comeback to life that I I should've never that was that was my wife's biggest regret. That's really why come what shame was heartbreaking these to be reminded if the tragedies did he get any good roles after to really know he quit to try thought he was reporting. I have no idea but quit because he wanted more money until he's going to get above his station. You know we're going to Kim rushing back to earth right now because we're gonNA talk. US China trade is that okay. That's more important I think it is just about. You know what tell tell me we. We don't need a little escapism lately. I mean can't we think about other things occasionally or no. You're down there in the middle of next on Squawk pod Peter Navarro Assistant to President Trump and the director of trade and manufacturing policy on trade talks and the impeachment inquiry. I I think it's more time receives declared war and president who electoral process and the American people I'm David favorite join me he crossed into me and Jim Cramer for the opening bell our of CNBC squawk on the street the podcast subscribe for free wherever you listen and you can always catch us live weekdays at nine am eastern. CNBC SWAP TODD FROM CNBC. Here's Joe Kernan three morning and welcome back to Squawk box here on CNBC live from the Nasdaq market site in Times Square Joe Kernan along with Kayla Attache and Wilford Frost Prospect in Andrew R. off today. Our guest hosts know all EONS chief economic advisor. Mohammed Hilarion the US China trade fight remains front and Center for the markets. It's in the latest development treasury spokeswoman Monica Crowley says the trump administration is no plans to impose restrictions on Chinese companies listing on. US exchanges changes in this is following that report on Friday that said the White House was considering an effort to limit US investments in China join us now Peter Navarro Assistant to the president in office of Trade and manufacturing policy director at no time was this disgust are ever something that that was in the works it was fake news news pure and simple for real really Joel. We're going to get to that and I promise you. I'll answer that but there's something I gotta say I last week in a single day President Donald J trump signed an historic Japanese trade deal in New York while in Geneva Switzerland a White House sled team negotiated the most radical reform of a multinational organization in history and those two big trump wins are going to net the American people billions of dollars and thousands of jobs yet there was virtually no mention of these big trump wins in the news this this this news side was just overwhelmed by the second impeachment circus in three years and make no mistake about this. This is an attempted coup d'etat and Enron around the ballot box in these radical Democrats. They told us this much. I I was astonished when Al Green the Houston Congressman basically said look. We can't beat Donald Trump at the ballot box he's too good on the economy he standing up to China. We got secure borders Let's just take them out. with is impeachment stuff so. I think it's it's it's going to be I think it's war the the Congress has declared cleared war on this president electoral process and the American people and and it's going to be as Tulsi Gabbard said very very divisive so I I wanted to just put at that out there joe because I think this country led by the House of Representatives is just taking us in a very wrong direction. Let's keep it in how that affects the China trade negotiations. We're talking about Peter. Do you think that with that as a backdrop it makes it more likely or less likely a The China decides to to grant some of our wishes that that the president stands firm. How does it and actually they just said you would answer about the transact? Do you want to get deep into that job list not translated but but on the table delisting the Chinese let's talk about. I think the last time we talked I proposed Navarro's rule. which is that any sort of story that comes from anonymous sources is likely to be fake news designed department fool from his money and that story which appeared in Blooberg. I've read it far more carefully than it was written over half half of it was highly inaccurate or simply flat out false but it was market moving. Joe Alibaba took a haircut other Chinese companies and it was really irresponsible journalism in the problem we have here. It's kind of like the Gresham's law journalism. It's like these bad stories. Push shout good and what happens is the soon as Bloomberg puts it out there. There's pressure for others to put it out there. Then it comes up on on the cable news networks in surge. Ko Killer just stop I WANNA I WANNA finish this thought out this this story was was just so full of inaccuracies in terms of the truth matter the what the Treasury said I was accurate but but here's the problem I have the Treasury and Peter did not address discussions about investment. Please kill it. I'm trying to ask you a follow up question because we also share your time with your Taylor gala gala so so here's my point.
"peter navarro" Discussed on WBT Charlotte News Talk
"Shooting suspect arrested in fort mill. Police have arrested twenty two year old Jack L marquees Clinton of Lancaster. Authorities say the shooting happened just before four thirty on Saunders street when he got into an argument with twenty two year old Dimond. Davis. Davis was found shot in later pronounced dead at the scene Clinton was arrested on charges of murder possession of a weapon during a violent crime. Eight people have been arrested following another protest over the toppling of confederate monument, the university of North Carolina. The memorial known as silent Sam was toppled on August. Twentieth by protesters during an appearance on Saturdays. Fox News White House. National trade council director, Peter Navarro advocated for tariffs would terrorists have done. So far is actually stimulated tremendous amount of investment in this country in a. Tremendous amount of job growth, if you look at where the terrorists who've been place, so far solar dishwashers steel aluminum. And all those industries we've seen an influx of investment both domestically and from off-shore coming in creating new jobs, the US and China have both implemented tariffs on tens of billions of dollars of one another's imports and former President Barack Obama was in southern California to lend support for democratic congressional candidates. He spoke on the chance topic to restore some sanity to our politics and to put Democrats back in power in the house of representatives in sports app. State down the Charlotte forty Niners forty nine forty five to nine number two. Clemson had a narrow victory over Texas. A and Emma college station that scored twenty eight to twenty six East Carolina defeated North Carolina. Duke beat northwestern and the third ranked Georgia BULLDOGS beat South Carolina in tennis Naomi Osaka is the US open women's champion after stopping Serena Williams. Asaka road was six two six four victory to become the first Japanese-born player to win a grand slam event. A WBZ. We.
"peter navarro" Discussed on Super Station 101
"To play the audio from peter navarro who is white house adviser and he was he was making comments on the trudeau thing as well i think he was on with chris wallace on fox news yesterday and let me play just a little bit of what he said and that'll come into the phones to oh five nine four one one zero one one i didn't forget about shannon i'm coming here's what peter navarro said yesterday with our second biggest trading partner chris there's a special place in hell for any foreign leader that engages in bad faith diplomacy with president donald j trump and then tries to stab him in the back on the way out the door and that's what bad faith justin trudeau did would that stunt press conference that's what week dishonest justin trudeau dead and that comes right from air force one and i'll tell you this to my friends in canada that was one of the worst political miscalculations of the canadian leader in modern canadian history all justin trudeau had to do was take the win president trump did the courtesy to justin trudeau to travel up to quebec for that summit he had other things bigger things on his plate in singapore where you are now chris he did him a favor and he was even willing to sign that socialist communique and what did trudeau did do as soon as soon as the plane took off from canadian airspace trudeau stuck our president of the back that will not stand in this force us retaliation goes the american press needs to do a much better job of what the canadians are getting ready to do because it's nothing short of an attack on our political system and it's nothing short of canada trying to raise its high protectionist barriers even higher on things like maple syrup and other goods think about this peter navarro singing their about just the disrespect aspect of being one way while trump's there and then a completely different flipping the switch as soon as he leaves donald trump who it was in question at one time if he was even going to go but for the sake of.
"peter navarro" Discussed on Talk Radio WPHT 1210
"This is cut no peter navarro now peter navarro is a guy who so kudlow is an anti tariff guys big fro pro free trader and by the way president trump mentioned this at the g seventy so why would you scared of all tariffs didn't go over well with the other members by the way the idea of just getting rid of all tariffs but i do want to point that out because he did throw that out there now i'm not a huge fan of tariffs i do worry about the effects of steel and aluminum tariffs particularly in states that the president one in the rust belt i mentioned that you before i have concerns of that i've had phil kerpen on before his concerns on that as well i also am optimistic that a lot of this is hopefully in the short term for a longer term purpose of better trade deals so that's my hope that as my hope because i don't think protectionism works i think in the shortterm can if it leads to longer better trade deals so that's the optimism that i'm hoping here otherwise i think a lot of the good economic works going to be undone but peter navarro would disagree with carlo on that point navarro is much more of the point of a pro tariff some things but he was very very hot on the comments towards justin trudeau take a listen question mr navarro is that really how we want to deal with our second biggest trading partner chris there's a special place in hell for any foreign leader that engages in bad faith diplomacy with president donald j trump and then tries to stab him in the back on the way out the door and that's what bad faith justin trudeau did with that stunt press conference that's what week dishonest justin trudeau dead and that comes right from air force one and i'll tell you this to my friends in canada that was one of the worst political miscalculations of the canadian leader in modern canadian history all justin trudeau had to do was take the win president trump did the courtesy to justin trudeau to travel up to quebec for that summit he had other things bigger things on his plate in singapore where you are now chris he did him a favor and he was even willing to sign that socialist communique and what did trudeau did do.
"peter navarro" Discussed on KOMO
"Sunday that trudeau essentially stabbed president trump in the back there's a special place in hell for any foreign leader that engages in bad faith diplomacy with president donald j trump abc news political analyst steve roberts with us this morning steve i have to ask you i've heard people saying that this is exactly what russian leader vladimir putin was hoping to accomplish one day to get the us and its allies to split is do you think see it that way well that's one way of looking at it and the the the overreaction by peter navarro was stunning justin trudeau had only repeated what he had said many times publicly and privately which is that it was insulting to canada for the president to argue that the had to apply tariffs on aluminum deal for national security reasons the implication being somehow canada was a national security threat to the united states and larry cudlow another presidential adviser said this dominated by navarro and the president will all about looking tough going into the negotiations with kim jong in singapore well that might well work but there's a potential backlash year if you're the korean and you see the president trump signed on to communicate with his closest allies and then withdrew his name from the communicate and started attacking the prime minister of canada and the whole western alliance is the message there can we trust this guy can really keep his word so he might look for might look tough to the koreans there's also the possibility of the message that's being sent by the this weekend is you cannot trust this guy and that's not a very good way to start a negotiates has serious damage been done these are our friends over the weekend yes i think it's serious but not irreparable and it's not irreparable because you can't be reparable the fact is that the the the ties that bind the united states to its western allies are historic their innumerable their economic their diplomatic their historic military their emotional and those ties are they are no matter how nasty the rhetoric gets between donald trump and justin trudeau p is this a period of of cooling even freezing in these relationships.
"peter navarro" Discussed on AM 970 The Answer
"On the radio peter navarro's and senior white house trade advisor kind of one of the busiest guys we know he's in the white house yet he calls he called back his old friends in new york peter we love you for that mr navarro welcome back to the program sir never forget our friends buddy members during the campaign god bless you peter for that are you enjoying yourself down and watch it you're doing a great job by the way now that's an interesting word put down here you're doing your duty as a great american peter navarro that's what you do is doing his duty of the great american win foot soldier god bless you for saying that we're not listen we're going to be at the executive office building tomorrow we have this big italy day i'll be yes yes gap between three and five we'll be down there yup can we can we do that peter will your will give us a contact so maybe we could do it because i think i think secretary pompeii is going to be there no really there when you say that there's this guy in the in the office building new keeps like insisting that i attend that as a as a proud of talian american in the same kind of look at my calendar and i'm going oh yeah well piscopo comments you told me that he lied i got valid at the end of your name peter navarro administration you've got to come to this event listen to be there peter what is the latest in terms of where we are with tariffs the president on steel in lumina few months ago by by tomorrow you're going to know that so let's just wait to see the end of the day with pretty announcement i don't ever want to preempt anybody on that i think what's what's more important in terms of the big big big picture is what we're doing on china there was historic announcement a couple of days ago on that this is amazing situation joe where for for decades china's been stealing our stuff we all know that but they got this this game they play called force technology transfer where if you wanna go over and set up a business air and selling to the chinese market you base gotta surrender your technology it's against the international rules would keep letting him do it then they also have newsom called a vision of export controls and try to prevent.
"peter navarro" Discussed on The Jason Stapleton Program
"Everybody every country steals everybody else's stuff if you need proof of this our government was hacking german chancellor angela merkel's phone her cell phone that we do this stuff it should we spy on our friends we spy on our enemies and everybody's doing it to everybody else so this idea that we need to instill tariffs on china because of as a retaliatory measure for all the intellectual property that they stole is really just an excuse trump is using to do what he wants to do which is to apply this protectionist us policy now as i read on us trade representative robert lee light zinger will publish a list of targeted products in fifteen days and there will be thirty day period for public comment so they're going to allow thirty days for you to say whatever it is you wanna say and then they're going to do whatever it is they wanna do anyway at right now they're looking at something like thirteen thousand different product lines they're going to end up putting tariffs on trump's trade director peter navarro said that trump is strategically defending itself against economic aggression i think i don't know because i i've read the i read the art of the deal a long time ago i there are people who view business in in different ways and there are some people who've you business and the relationship in a in a cooperative effort in seeing that okay there is a way for everyone to win here how do we create a scenario where you win were i win and then there are other times when you you don't have a choice but to be in competition with someone there are other people who view every single business decision as a winner in a loser it's a really interesting if you ever seen have you seen the movie.
"peter navarro" Discussed on 1170 The Answer
"Nineties as a hard left guy at that time he was ranked something called prevent los angeles station now the meaning that we didn't want america's finest city in san diego to turn in los angeles and so we were going to stop all growth and seize property of having just left wing nightmarish marxist off any loses three elections in arroni figures out well people don't really like me he sixty seven years old so he's not really all but he got started yongin losing and then he vanished for twenty years except he retreated to the campus of the university of california irvine i would seem round orange county every time i see him yet another crackpot idea now they started right uh crackpot books and i and i do mean crack pocketbook not normal books and and he would get in touch with me and asked come on the show i don't think i ever debt because they're not into non free trade books and so i am typing in right now amazon peter navarro amazon because this is how we got hired jared kushner in the middle of the campaign here's his father in law talking about the patch trade war but he thinks he wants a campaign on any giddy looks on amazon types and trade and china and comes up with death by china peter navarro crouching tiger tiger the coming china wars always a winner fighting your competitive advantage in upper down accounting crouching tiger hidden tariff what the best mba now the job of by peter tomorrow and jared kushner says we should higher this guy ever made europe on the basis of the book titled on amazon not knowing opinion navarro is off hard laugh anti developer anti which drew sharp peter navarro is running american trade policy with predictable result but we'll tell you about at least the exemption started to show up we'll see what than the be all by the there may be only one or two people in the.
"peter navarro" Discussed on KHNR 690AM
"Really a trade expert ratio restful businessman begun expert peter navarro peter navarro now i have known the term ian affable peter navarro for 25 years um he taught at the university of california irvine joel kill donald trump fun and is the only economists willing to come out and say crazy stuff about trade uh peter navarro ran as a no growth anti developer radical leftwinger for mayor of san diego in the nineties he ran as a democrat for congress in the nineties he is a radical leftwinger but he got dressed up as an antichina guy and d just started reading in the craziest staff about tariffs and of evidently skip the 30's and smoothawley but peter just conned everybody on the economic benefits addition of it but the bush administration tried aluminum street steel tariffs in two thousand in two i think they were bust they were bust they always art eight we don't have a lot of aluminum mills wept where very few still mojo left but we got a lot of people that use aluminum and steel a come from abroad and the one thing it gives you for sure is inflation in aluminum steel prices which means inflation downstream in the one thing it does get his retaliation then already bourbon has been targeted and harley davidson mike adler cycles of been real american jobs nearly lost because of this so there is a rift in the gop there is an actually written a gop i've always said president trump is his own party the party of trump it's a big party but it's in coalition with the congressional republicans are usually works pretty well work wellknown tax cuts work role on the repeal the sequester worked well on a bunch of things last year are bill a dozen congressional review act bells but they work of all the tariff because the tariff is just such a terrible idea it's a disaster so we will see what happens we will keep following that very very closely let me go back tsa with president trump at the white house with benjamin netanyahu because what he's right he's right you write about moving the the embassy to jerusalem when he's wrong is wrong on tariffs that after a personal it's not about during the war with donald trump and watts people wanna make it that it's just he did he surprised everyone because this is not what he campaigned on it's a.
"peter navarro" Discussed on State of the Union with Jake Tapper
"Support for state of the union comes from our friends at rocket mortgage by quicken loans home plays a big role in your life that is why quicken loans created rugged mortgage they let you apply simply and understand the entire mortgage process fully so you can be confident you're getting the right mortgage for you to get started go to rocket mortgage dot com slash so to patty hearst was the victim of the most bizarre kidnapping in american history where he'll hostage whom when she a terrorist the radical story of patty hearst sunday at nine eastern on cnn the trump's tariffs a surprise announcement we're going to be instituting tariffs 25 percent for steel it'll be ten percent for a loved one that critics say could lead to a trade war people have no idea how badly her country's been treated but could americans end up paying more we'll ask demand behind the president's trade plan peter navarro knacks plus shifting stance president trump calls for new gun legislation strong strong bill and really strong on background checks and tells lawmakers to stand up to the gun lobby some of you people petrified of the nra but is the president already backing down i've never seen him more determined democratic senator joe manchin ways in on the debates and eyes on two thousand twenty the president ramps up his reelection campaign the president will have a challenge from the republican party at a new reports as the white house is keeping an eye on three potential republican cia.