US Peter Navarro Calls for Investor to be Patient Ahead of US-China Trade Talks

White House adviser Peter Navarro on Tuesday called for investors, the public and others to be patient ahead of key U.S.-China trade negotiations planned for next month between top officials in Washington.

“If we’re going to get a great result, we really have to let the process take its course,” Navarro said in an interview on CNBC.



Republican U.S. President Donald Trump has spent more than two years seeking a trade deal with China after hammering Beijing on the campaign trail and promising sweeping changes. He has imposed stiff tariffs on Chinese imports that have roiled global markets as his administration pursues leverage in negotiations, prompting China to retaliate with its own duties.

via Reuters

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza