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As U.S. Treasury intervened in the bond market, the Netherlands rushed 86 tons of gold out of America because of ‘geopolitical unrest’

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LeadershipDonald Trump

Donald Trump Names Fierce China Critic to His New Trade Council

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The Associated Press
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By
The Associated Press
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December 21, 2016, 4:28 PM ET
Candidates Hillary Clinton And Donald Trump Hold First Presidential Debate At Hofstra University
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President-elect Donald Trump has named a fierce critic of China, economist Peter Navarro, to lead a newly created White House trade council.

The University of California-Irvine professor, who advised Trump during the campaign, will serve as head of the new White House National Trade Council and as director of trade and industrial policy.

In a statement, the Trump transition team said the creation of the council “demonstrates the president-elect’s determination to make American manufacturing great again.”

Trump says China’s unfair trade practices are responsible for wiping out American factory jobs and has threatened to impose taxes on Chinese imports. U.S. manufacturers have cut 5 million jobs since 2000.

 

Navarro, author of “Death By China,” also endorses a hard line approach toward relations with China.

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