WH economic advisor Peter Navarro on Bloomberg:
- There is no question, this is an economic emergency
- Nothing much has changed due to the trade ruling
- Initial measures on China were targeted on Fentanyl imports
- What the US has done already is perfectly appropriate
- USTR Greer will clarify potential administrative actions during the appeal of the trade court ruling. The announcement will come soo.
- The administration has a number of different options on trade
- On the tax bill, the CBO is historically bad at estimating tax bills impact.
This article was written by Greg Michalowski at www.forexlive.com.