‘Stand down,’ China hawk Peter Navarro tells Wall Street’s would-be brokers of trade war truce
- Tough China critic’s remarks came ahead of planned Xi-Trump sit-down on sidelines of G20 summit
- Author of Death by China has predicted US victory in months-long trade battle
Wall Street executives attempting to broker a truce in the United States’ trade war with China should stand down, Peter Navarro, a top White House adviser and influential China hawk, said at an event on Friday.
“The mission of these unregistered foreign agents, that’s what they are, is to pressure [US President Donald Trump] into some kind of a deal,” Navarro said, referring to overtures by US financial executives ahead of Trump’s planned sit-down with Chinese President Xi Jinping at the G20 summit in Buenos Aires in three weeks.
“If there is a deal, it will be on Trump’s terms, not on Wall Street’s terms,” Navarro said. “Trump has done an amazing job. He doesn’t need the help of Wall Street, he doesn’t need the help of Goldman Sachs.”
Trump doesn’t need the help of Wall Street, he doesn’t need the help of Goldman Sachs
The outspoken economist – who wrote a book titled Death by China: Confronting the Dragon – A Global Call to Action – did not name any individuals during his remarks at the Centre for Strategic and International Studies, a Washington-based think tank.