Navarro Touts Trump stops with higher tariffs as “art of mutual trading”

President Donald Trump On Wednesday, it announced a 90-day pause at its “mutual” tariffs that came into force to allow negotiations to come with trading partners who had not yet revenge that one of its main advisers was promoting as progress made in bringing other countries to the table.

Senior White House Trade Advisor Peter Navaro appeared in Fox Business Network “Earning money with Charles Payne“After the announcement and said he would pause the time to negotiate new transactions.

“This is one of the greatest days in the American economic history we had,” Navarre said. “I think we will call it a” art of mutual trade. “I will tell you all nervous do not -s -wil -stories that try to blow us out consistently, underestimate the President’s power to negotiate.”

“What is we here? He added that the mission” In these negotiations is to dramatically reduce our trade deficit, level game conditions, get rid of all tariff differentials, get rid of all unverified barriers. “

Tariff

The Senior Counselor of the White House on Trade, Peter Navaro, said the Trump pause for the negotiations shows “the art of a mutual trade transaction”. (Bonnie Cash/Upi/Bloomberg via/Getti Image)

Navaro wrote earlier this week in the OP-ED, published in the Financial Times, “this is not negotiations,” and it is “for the US, this is the national emergency caused Trade deficit caused by a falsified system. ”

In an interview on Wednesday Navaro said Tariffs tariffsTrade barriers and currency policies, but ultimately were based on the size of a bilateral trade deficit – ultimately led to other countries calling for negotiations to improve trading conditions.

“We have laid out a set of mutual tariffs that reflect the deficit of the trade that we have with these countries,” Navaro said on Wednesday. “I said that at the beginning, no negotiations are that this is the national emergency we will listen. And what we heard right away was beautiful, these countries want to come to us. Not only their tariffs but also their tariff barriers.”

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The markets were in the “mutual” tariff plan of Trump, which imposed higher tariffs than expected, and pushed the multi -day bitter stock. (Spencer Platt / Getty Images)

Leading “earning money” Charles Payne told Navaro as on Friday he suggested in a message on X to calm the markets Trump administration It is necessary to show traffic on a tax reduction package, announce at least one tariff transaction and finance minister Scott IBIENT to take a more prominent role in messaging.

He explained that Navaro and trading secretary Howard Lutnik “conceived aspect of the public relations with the” tariff plans “at the driver’s place on the reports of trade policy.

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President Donald Trump has stopped his “mutual” tariffs that were based on a bilateral trade deficit. (Chip Somodevilla / Getty Images)

Navarre replied, saying that Payne should not “believe everything you read in the fake news.” In an interview, he also explained that Trump’s team was applying internally and that each of them brings their attributes and ideas to White House Policy discussion.

“(Steve) Benan said this once during the first term that I am in a sense. If they don’t want to cooperate, they get tariffs. When they cooperate, we talk to them, I mean that this is a wonderful thing,” Navarre said. “When you went behind the scenes and actually sat on some of these meetings, we have really smart people, everyone has a comparative advantage. We all get along, everyone has great ideas.”

“Everything I said, it’s not negotiations, this is a national emergency, the president will talk to anyone, and then we love what we have heard. And all this consistently,” Navaro added. “This is a national emergency, let’s not miss out.”

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Trump’s transition on Wednesday stops higher “mutual” tariffs for countries seeking negotiations with the US for the 90-day period when a lower 10% rate is applied.

Other sector -related tariffs will remain in force, as well as tariffs for China, which increased to 125%.