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Tariff Escalation Won’t Cause Inflation; Foreigners Will ‘Eat Most Of It’: Trump Trade Counselor

Peter Navarro, who is the White House senior counselor for trade and manufacturing, defended President Donald Trump’s plans for implementing tariffs on imports ahead of what is anticipated to be a major escalation in the trade war next week.

Trump, who has already issued some tariffs during his second term, has declared that April 2 will be “Liberation Day” featuring a wave of new reciprocal tariffs followed by a 25% tariff on automotive imports to the United States on April 3.

Polls have shown that Americans fear the tariffs on imports will hurt the U.S. economy and jobs, but during an interview on “Fox News Sunday,” Navarro urged people to “trust in Trump” as he harkened back to the “example” set during the president’s first term.

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