WH economic advisor Peter Navarro on Bloomberg:
There is no question, this is an economic emergencyNothing much has changed due to the trade rulingInitial measures on China were targeted on Fentanyl importsWhat the US has done already is perfectly appropriateUSTR Greer will clarify potential administrative actions during the appeal of the trade court ruling. The announcement will come soo.The administration has a number of different options on tradeOn the tax bill, the CBO is historically bad at estimating tax bills impact.
This article was written by Greg Michalowski at www.forexlive.com.