Saturday, September 21, 2019

WH’s Navarro: China Paying for Tariffs ‘in Three Ways’ — Slashed Prices, Currency Value, Fleeing Supply Chain

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White House assistant for trade and manufacturing Peter Navarro on Friday agreed with President Donald Trump that Americans are not paying for the China tariffs, saying he is “absolutely correct.”

Navarro said on Fox Business Network’s “Mornings with Maria” that China is paying for the tariffs “in three ways.”

“China is paying for the tariffs in three ways,” he told host Maria Bartiromo. “They are cutting their prices, slashing their prices. They had just crushed their currency. It’s down by almost 12% now.

More @ Breitbart

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