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3 Apr 2018
White House Trade Adviser Navarro's bullish rhetoric - UOB Group
Analysts at UOB explained that the White House Trade Adviser Navarro said (2 Apr) that the stock market is not reacting to the “unbelievable” strength of Trump’s economic agenda and he was confident that “if we hit all points of Trump’s agenda, the market will go up.”
Key Quotes:
"On China’s “retaliatory” tariffs on 128 US products, he said that China was “basically throwing another punch” at the US. And when asked if there would be a US action to China’s new tariffs, Navarro said he didn’t think it would be an “action, response, action, response” situation."