What you need to know
- Peter Navarro, a former trade adviser to Donald Trump and his predecessors in the White House, has been named as a key advisor.
- Trump praised Navarro’s work in tariffs and on trade policy. It is possible that Navarro will be tapped to help implement Trump’s sweeping policies.
- Navarro will join Treasury Secretary nominee Scott Bessnet, and Commerce Secretary nominee Howard Lutnick in the role of a Trump economic advisor.
Donald Trump, the president-elect of the United States, has appointed a former trade adviser to a key post. This could be a sign that he is preparing for an aggressive implementation his tariff proposal.
Trump appointed Peter Navarro as his Senior Counselor for Trade and Manufacturing, citing his success as director of the White House National Trade Council during Trump’s first administration.
“During my First Term, few were more effective or tenacious than Peter in enforcing my two sacred rules, Buy American, Hire American,” Trump stated in a Truth Social post.
The appointment came as Trump campaigned to enact steep tariffs and, after his election, promised to move early to raise tariffs on Mexico, Canada, and China. Navarro argues that China has been a major problem for the United States. “waging an economic war” Through its trade policy.
Navarro joins other economic key appointments of the President-elect including Scott Bessnet as Treasury Secretary, and Howard Lutnick as Commerce Secretary.
Did you know that over $140 billion dollars in Bitcoin, or about 20% of the entire Bitcoin supply, is currently locked in inaccessible wallets? Or maybe you have lost access to your Bitcoin wallet? Don’t let those funds remain out of reach! AI Seed Phrase Finder is here to help you regain access effortlessly. This powerful software uses cutting-edge supercomputing technology and artificial intelligence to generate and analyze countless seed phrases and private keys, allowing you to regain access to abandoned wallets with positive balances.