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Navarro: ‘I guarantee no recession, OK?’

  • Peter Navarro, White House Senior Counselor for Trade, guaranteed on Fox News that there would be 'no recession' as a result of President Donald Trump's trade policies, despite growing concerns.
  • Navarro stated, 'Dow 50,000, I guarantee that, and I guarantee no recession,' while discussing future market performance.
  • Trump announced new tariffs, causing the stock market to nosedive, leading to questions about his influence on the market.
  • Senator Rand Paul warned that tariffs could harm the Republican Party's political standing, which Trump labeled as disloyalty.
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Center

China hawk Peter Navarro has Trump's ear

President Donald Trump's punishing tariffs on countries around the world, including a 104 percent increase in duties on China, bear the fingerprint of Peter Navarro, a Harvard-trained economist who has long warned against a rising Beijing.

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Bias Distribution

  • 57% of the sources are Center
57% Center
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Mediaite broke the news in United States on Monday, April 7, 2025.
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