Larry Kudlow Rips Colleague Peter Navarro For ‘Freelancing’: He’s ‘Not Representing the President’
It seems the White House economics team is dealing with some inner-conflict over how President Donald Trump‘s Administration should approach trade with China, as Wall Street argues against tariffs.
National Economic Council director Larry Kudlow gave an interview to CNBC on Tuesday in which he was asked for comment on Peter Navarro‘s recent remarks about trade negotiations with China.
Navarro, the National Trade Council chief, has encouraged President Trump to escalate America’s trade wars with Beijing, and on Friday, he railed against Wall Street and “unpaid foreign agents” for urging an armistice between the two nations.
“If there is a deal — if and when there is a deal, it will be on President Donald J. Trump’s terms. Not Wall Street terms,” Navarro said.
When asked about this, Kudlow first made clear Navarro is a friend — before stating “he was not speaking for the president” and “his remarks were way off-base.”
“I actually think he did the president a great disservice,” Kudlow said. “I think Peter very badly misspoke. He was freelancing and he’s not representing the president or the administration.”
Watch above, via CNBC.
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