Latest Peter Navarro News

Editorials from around Pennsylvania

Aug. 28, 2019 10:17 AM EDT

Recent editorials of statewide and national interest from Pennsylvania's newspapers: Rational policy steps lawmakers should take The Citizen's Voice Aug. 27 It seems appropriate that the political division responsible for the Pennsylvania government's inertia often is described relative to Interstate Route 80,...

Trump raises tariffs on Chinese goods as trade war escalates

Aug. 24, 2019 12:46 PM EDT

WASHINGTON (AP) — Escalating his trade fight with China, President Donald Trump has raised retaliatory tariffs and ordered American companies to consider alternatives to doing business there. He also blamed his appointed head of the U.S. central bank, Federal Reserve Chairman Jerome Powell, for the state...

Is Trump's economic team up for a trade war?

Aug. 24, 2019 12:03 AM EDT

WASHINGTON (AP) — Facing a trade war against China that has shaken the global economy, President Donald Trump gathered his most trusted economic aides in the Oval Office. The assembled brain trust for Friday's urgent consultations included an economics chief best known for his stint as a cable TV...

Trump vows response to China tariffs on $75B of US goods

Aug. 23, 2019 1:28 PM EDT

WASHINGTON (AP) — President Donald Trump declared Friday that he had "hereby ordered" American companies with operations in China "to immediately start looking for" an alternative after Beijing announced a series of retaliatory tariffs. But as markets in the U.S., Asia and Europe tumbled, the White House...

Q&A: Recession jitters are rising. Is there reason to worry?

Aug. 19, 2019 4:22 PM EDT

WASHINGTON (AP) — Nerves are being frayed by a global economy that increasingly looks breakable. Growth is stalling. Factory output is down. Oil demand is off. U.S. tariffs on China have slowed trade. Investors have crowded into government bonds and sent interest rates sliding in a way that has often...

Trump dismisses worries of recession, says economy is strong

Aug. 19, 2019 4:28 AM EDT

BERKELEY HEIGHTS, N.J. (AP) — President Donald Trump dismissed concerns of recession on Sunday and offered an optimistic outlook for the economy after last week's steep drop in the financial markets. "I don't think we're having a recession," Trump told reporters as he returned to Washington from his New...

Guest lineups for the Sunday news shows

Aug. 16, 2019 11:14 PM EDT

WASHINGTON (AP) — Guest lineups for the Sunday TV news shows: ABC's "This Week" —White House trade adviser Peter Navarro; Sen. Kirsten Gillibrand, D-N.Y.; Stacey Abrams, founder of Fair Fight Action. ___ NBC's "Meet the Press" — White House economic adviser Larry Kudlowl; former Rep. Beto...

IMF contradicts Trump: China hasn't manipulated its currency

Aug. 9, 2019 5:44 PM EDT

WASHINGTON (AP) — The International Monetary Fund sees little evidence that China's central bank has deliberately reduced the value of the nation's currency — a position at odds with the Trump administration's decision this week to accuse Beijing of manipulating the yuan. The IMF said Friday in its...

Guest lineups for the Sunday news shows

Aug. 4, 2019 8:10 AM EDT

WASHINGTON (AP) — Guest lineups for the Sunday TV news shows: ABC's "This Week" — Acting White House chief of staff Mick Mulvaney; former Housing Secretary Julián Castro; former Vice President Al Gore; Rep. Veronica Escobar, D-Texas. ___ NBC's "Meet the Press" — Sen. Cory Booker, D-N.J.;...