He makes it a binary decision but what is “great”?
Peter Navarro is on the wires saying:
- We either get a great deal with China or we don’t
So what he says is a binary decision. It’s one or the other. What we we don’t know is what “great” is.
Having said that, what we do know is if a deal is done (whatever it is), it will be “Great!”. It will be the greatest deal since the great USMCA deal.
Navarro now adds:
- China to devaluing currency to offset tariffs
- level of additional China tariffs not decided yet