Trade war update: ‘an unfortunate sound bite’ | Politics News | SupChina
Free

We're a new type of news publication

China news you won't read elsewhere.

Weekly Newsletter

Get a roundup of the most important and interesting stories coming out of China.

Podcasts

Sinica, TechBuzz China, and our 6 other shows are the undisputed champs of China podcasts. Listen now.

Feature Articles

Interactive, web-based deep dives into the real China.

Premium

Join the thousands of executives, diplomats, and journalists that rely on SupChina for daily analysis of the full China story.

Daily Newsletter

All the news, every day. Premium analysis directly from our Editor-in-Chief Jeremy Goldkorn.

24/7 Slack Community

Have China-related questions and want answers? Our Slack community is a place to learn, network, and opine.

Free Live Events & More

Monthly live conference calls with leading experts, free entry to SupChina live events in cities around the world, and more.

"A jewel in the crown of China reporting. I go to it, look for it daily. Why? It adds so much insight into the real China. Essential news, culture, color. I find SupChina superior."
— Max Baucus, former U.S. Ambassador to China

Free

We're a new type of news publication

China news you won't read elsewhere.

Weekly Newsletter

Get a roundup of the most important and interesting stories coming out of China.

Podcasts

Sinica, TechBuzz China, and our 6 other shows are the undisputed champs of China podcasts. Listen now.

Feature Articles

Interactive, web-based deep dives into the real China.

OR… for more in-depth analysis and an online community of China-focused professionals:

Learn About Premium Access Now!
Learn More
Minimize
Learn More
Minimize

Trade war update: ‘an unfortunate sound bite’

Part of the daily SupChina newsletter. Subscribe for free

Peter “Death by China” Navarro, director of the White House National Trade Council, talked to NPR this morning. He remains unabashed in his China-bashing, although he calls his mission a “trade dispute,” not a “trade war.” The trade war, he says, was lost a long time ago by former presidents Obama, Bush, and Clinton.

  • “They run up a $370 billion trade surplus with us, which costs us over a million in factory jobs a year” is still the core of Navarro’s argument.
  • “That was an unfortunate sound bite,” said Navarro of U.S. Treasury Secretary Steven Mnuchin’s comment last week that the trade war with China was “on hold,” because it’s not a war and it’s not on hold.
  • Navarro refused to answer questions about the Trump family receiving favors from the Chinese government such as trademarks, and he refused to comment on Trump’s apparent caving in to China on ZTE, saying that it was a “law enforcement matter.”

Latest trade war twist: China will cut import tariffs “on a range of consumer items, including apparel, cosmetics, home appliances, and fitness products, starting from July 1,” reports Reuters. On the other hand, the South China Morning Post notes that “China’s state media has lashed into a U.S. announcement that it would press ahead with restrictions on investment by Chinese companies, saying Beijing was ready to fight back if Washington was looking to ignite a trade war.”


Previously in SupChina’s trade war coverage:

Is the trade war truce over? Trump reinstates tariffs, and China is ‘surprised, yet also not surprised’

Jeremy Goldkorn

Jeremy Goldkorn worked in China for 20 years as an editor and entrepreneur. He is editor-in-chief of SupChina, and co-founder of the Sinica Podcast.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.