Monday, November 12, 2018

White House Adviser Navarro Urges Wall Street to Back Off on China Talks

According to Navarro, the most important information uncovered in the report was the high degree of foreign source dependency, which is a product of the globalization of the defense industry supply chain.
“These vulnerabilities are not random,” Navarro said. “In some cases, they are the direct effect of strategic rivals, principally China, targeting somewhere in our supply chain or some sector and basically making that vulnerability either existing or worse.”

White House trade adviser Peter Navarro lashed out at Wall Street executives and globalists, calling them “unregistered foreign agents” who are pressuring President Donald Trump into ending the trade dispute with China.

“The president of the United States does not need shuttle diplomacy,” Navarro said on Nov. 9 in a speech at the Center for Strategic and International Studies, a Washington think tank.

“When these unpaid foreign agents engage in this kind of diplomacy, so-called diplomacy, all they do is weaken this president and his negotiating position.”

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