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.
