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The way the textbook works is you have gains from trade that should be distributed across all the trading partners. As soon as one bad actor like China massively cheats, they win at the expense of us; they win at the expense of Europe, and over time, it threatens the entire integrity of the global financial system and the global trading system.

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Peter Navarro

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Would you rather have cheap, subsidized – illegally subsidized – goods dumped into the Wal-Mart and not have a job and not have your wages go up in 15 years, or would you like to pay a little bit more – not much – a little bit more, have a job, and have your wages going up? I think the American people are going to make that choice.

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The biggest single thing China needs to do is build an emergent middle class and domestic consumption, and the best way to do that is through pension and health-care reform, and currency reform to establish purchasing power among its citizens.

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May 21, 2024

The biggest single thing China needs to do is build an emergent middle class and domestic consumption, and the best way to do that is through pension and health-care reform, and currency reform to establish purchasing power among its citizens.

Previous

May 21, 2024

Would you rather have cheap, subsidized – illegally subsidized – goods dumped into the Wal-Mart and not have a job and not have your wages go up in 15 years, or would you like to pay a little bit more – not much – a little bit more, have a job, and have your wages going up? I think the American people are going to make that choice.

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