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White House trade adviser Peter Navarro predicts that the US economy will show 3% growth and the Dow will surpass 30,000 if a number of things occur, including the Federal Reserve cutting rates and Congress approving the USMCA trade deal.
Navarro also defended President Donald Trump’s trade war with China saying that tariffs are the only reason that Beijing is negotiating a trade deal.
#PeterNavarro #Trade #CNNBusiness
- 31President Donald Trump and China's President Xi Jinping meet business leaders at the Great Hall of the People in Beijing, China, November 9, 2017.Jonathan Ernst | ReutersPresident Donald Trump on Friday claimed a victory of sorts in an ongoing trade war with China, asserting that his latest round of import…
- 31President Donald Trump had been publicly saying the Federal Reserve should cuts rates and they finally did so, cutting the rate a quarter-point. Federal Reserve Chairman Jerome Powell pushed back at a reporter who asked him if the central bank gave into President Trump's demands. #Fed #JeromePowell #CNNBusiness source