Peter Navarro Jokingly to CNN’s Kasie Hunt: ‘CNBC Is Going to Sue CNN for Intruding on Their Financial Analysis’

EXCERPT:

NAVARRO: “Look, just in a joking manner, I think CNBC is going to sue CNN for intruding on their financial analysis and all of that. And what I just heard in terms of the market analysis, I mean, like, that to me is pure spin. You had the highest rise in stock market history yesterday. Of course there’s going to be a little pullback. The question is what spin are you going to put on it back? It’s just a normal retracement after a big day. It’s no big deal. Let’s look at where we are and this is what’s the good news for the American people. If you simply look where we are now, we’ve got a 10 percent global tariff in place and we’re taking in about probably $4 billion a day. Where we were losing $4 billion, we’re taking in about two or three billion now. So that’s all to the good.”