“Next year, 2020, we’re going to try to get something going with Great Britain, Vietnam, Europe and anybody else who wants to fairly trade with the United States of America,” he said.
As one of President Donald Trump’s top trade counselors, Navarro has encouraged the president’s hardline strategies on global trade and efforts to challenge the longstanding multilateral agreements that had come to dominate overseas commerce over the last three decades.
For his part, Trump has attacked U.S. trade deficits as harmful to American manufacturers and farmers, saying that “by the time I finish trade talks, that will change.” The administration has leaned on the imposition of tariffs — a tax on foreign imports to the U.S. — to protect American producers and forced the renegotiation of landmark trade agreements with Mexico, Canada, China and the European Union.
In addition to his comments on trade, Navarro also said Tuesday that he sees the Dow Jones Industrial Average climbing to “at least” 32,000 and economic growth closer to 3% in 2020.
“It’s going to be the roaring 2020s next year,” he said. “32,000 is a conservative estimate of where we’ll be at the end of the year.”
Source Article from https://www.cnbc.com/2019/12/31/trump-trade-advisor-navarro-says-phase-one-trade-deal-is-in-the-bank-waiting-on-translation.html
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