Peter Navarro on Tariffs: All Deals Have a National Security Policy, and ‘The Trade Deals Reflect That’

RUSH TRANSCRIPT BARTIROMO These ░░░░░░░░ all national security issues ░░░░░░░░ say that repeatedly I ░░░░░░░░ President Trump looks at ░░░░░░░░ portfolio and America is ░░░░░░░░ national security lens The ░░░░░░░░ is pushing to get ░░░░░░░░ industries back to the ░░░░░░░░ States We rely on ░░░░░░░░ China are number one ░░░░░░░░ way too much whether ░░░░░░░░ drugs or semiconductors in ░░░░░░░░ apple this week announcing ░░░░░░░░ additional 100 billion dollar ░░░░░░░░ as part of a ░░░░░░░░ American manufacturing program and ░░░░░░░░ will invest 600 billion ░░░░░░░░ America the latest in ░░░░░░░░ wave private sector commitments ░░░░░░░░ into the country under ░░░░░░░░ administration What you want ░░░░░░░░ say about that the ░░░░░░░░ economic counsel Kevin Hassett ░░░░░░░░ me this is not ░░░░░░░░ about boosting the economy ░░░░░░░░ is about the national ░░░░░░░░ issues which I ve ░░░░░░░░ saying so much because ░░░░░░░░ is still the one ░░░░░░░░ that we are reliant ░░░░░░░░ for prescription drugs and ░░░░░░░░ chips that we use ░░░░░░░░ our military NAVARRO Let ░░░░░░░░ explain how we have ░░░░░░░░ template that we use ░░░░░░░░ every country when we ░░░░░░░░ There s the obvious ░░░░░░░░ about the tariffs and ░░░░░░░░ barriers there is also ░░░░░░░░ security vertical with the ░░░░░░░░ deal Japan s will ░░░░░░░░ us 350 billion of ░░░░░░░░ and it is targeted ░░░░░░░░ to our supply chain ░░░░░░░░ that s the way ░░░░░░░░ think we have a ░░░░░░░░ deal with Korea and ░░░░░░░░ re going to help ░░░░░░░░ deal with the vulnerability ░░░░░░░░ shipbuilding even as were ░░░░░░░░ to sell more energy ░░░░░░░░ All of these deals ░░░░░░░░ we do have this ░░░░░░░░ security in the trade ░░░░░░░░ reflect that.”