Peter Navarro: ‘We Want Fair and Reciprocal Trade and the World Trade Organization Needs to Adapt Accordingly’

‘The World Trade Organization needs to change with the times’

RUSH EXCERPT:

NAVARRO: "What I think the president wants to do in terms of the world trade organization is send a very strong signal to them, across the board on this issue of trade, that we’re not going to take it any more. What we have is a country here in the United States which has the lowest tariffs in the world, lowest nontariff barriers in the world and all we get from that is not fair and reciprocal trade, what we get from thats a half a trillion dollars a year in trade deficit that put our wealth offshore and our jobs offshore and a lot of the problem has been the world trade organization, which is over 160 countries and a lot of them simply don’t like us. We don’t get good results there. We’re free traders. Let’s be clear about that. Everyone in in a White House is say free trader but we are fair and reciprocal traders. The world trade organization needs to change with the times."

Video files
Full
Compact
Audio files
Full
Compact