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President-elect Donald Trump announced Wednesday that Peter Navarro will serve as “Senior Counselor for Trade and Manufacturing” in his next White House term. Navarro, 75, will be tasked with helping to “successfully advance and communicate the Trump Manufacturing, Tariff, and Trade Agendas,” Trump wrote in a pair of Truth Social posts revealing the pick. Navarro was previously a top trade aide for Trump during his first term. He served a roughly four-month sentence in a federal facility in Miami for defying a congressional subpoena from the House committee investigating the Jan. 6, 2021, Capitol riot. After Trump lost the 2020 election to President Joe Biden, Navarro spread debunked claims that widespread voter fraud resulted in the race being stolen from Trump.
Persons: Donald Trump, Peter Navarro, Navarro, , ” Trump, Navarro “, ” Navarro, Trump, Joe Biden Organizations: Trade, Manufacturing, Trump Manufacturing, Trump, Capitol, Republican National Convention, Hire Locations: Miami
Trump picks Peter Navarro as top trade advisor
  + stars: | 2024-12-04 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +1 min
Peter Navarro, former Director of the U.S. Office of Trade & Manufacturing, gestures as he speaks on Day 3 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 17, 2024. President-elect Donald Trump announced Wednesday that Peter Navarro will serve as "Senior Counselor for Trade and Manufacturing" in his next White House term. Navarro, 75, will be tasked with helping to "successfully advance and communicate the Trump Manufacturing, Tariff, and Trade Agendas," Trump wrote in a pair of Truth Social posts revealing the pick. Navarro was previously a top trade aide for Trump during his first term. Hours after his release on July 17, Navarro spoke at the Republican National Convention.
Persons: Peter Navarro, Donald Trump, Navarro, Trump Organizations: U.S . Office of Trade &, Republican National Convention, Trade, Trump Manufacturing, Trump Locations: Milwaukee , Wisconsin, U.S, Miami
"What we're seeing, I think very strongly now, is [that] consumers are frustrated — they're frustrated by high prices." During the more-than-two-year stretch of inflation that was born out of pandemic shortages and supply chain issues and continued as companies raised prices, consumers largely stayed resilient and continued to spend. Barkin said that in 2018 and 2019 he met with companies and asked if they were going to pass on Trump tariff-driven cost increases to consumers. Navarro was previously a top trade aide for Trump during his first term a and major proponent of tariffs. So, it should do something to increase prices."
Persons: Barkin, CNBC's Steve Liesman, — they're, Trump, Tom Barkin, John David Rainey, Trump's, Rainey, you've, Brandon Sink, Liesman, Peter Navarro, Navarro, that's, it's Organizations: CNBC, Summit, Washington , D.C, Target, Walmart, Federal Reserve Bank of Richmond, Trump, Depot, Trade, Trump Manufacturing, Richmond Fed Locations: Washington ,, Trump, China
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