Navarro said Wall Street should butt out of the U. S.-China discussions and instead focus on investing in America.
White House trade adviser Peter Navarro on Friday accused Wall Street « globalist billionaires » of trying to sabotage President Donald Trump’s handling of trade relations with China.
« Consider the shuttle diplomacy that is now going on by a self-appointed group of Wall Street bankers and hedge fund managers between the U. S. and China, » Navarro said in a speech at the Center for Strategic and International Studies.
« As part of the Chinese government influence operations, globalist billionaires are putting a full-court press on the White House in advance of the G-20 in Argentina. The mission of these unregistered foreign agents… is to pressure this president into some kind of a deal, » he said.
The blustery language came ahead of a planned meeting between Trump and Chinese President Xi Jinping later this month, which many hope will lead to a deescalation of trade tensions. However, Navarro seemed to downplay chances for major progress at the upcoming meeting.
« How do you have a deal with somebody if they don’t even acknowledge your concerns, » Navarro said.
