White House trade advisor Peter Navarro said trade negotiation with China is “in a quiet period” and urged people to be “patient with the process”. He also trashed media in US and China as they reported “garbage” regarding trade negotiation. Instead he urged people to only listen to comments from either Trump or Trade Representative Robert Lighthizer.
Navarro said on CNBC Squawk Box that “my advice for investors is to be patient with the process and don’t believe anything you read in either the Chinese or the US press about these negotiations unless it comes from the mouth of either the president or advisor Lighthizer”.
And, “there’s just going to be a lot of garbage coming out of the Wall Street Journal and the People’s Daily and everything in between,” he added, “there were all sorts of stories written and they were designed to shape the negotiations and they didn’t have any insight into them.”