This report says that Peter Navarro and his team of economic muggles are losing the battle to control trade policy. That is very good news.
Trump’s key economic advisors are pitted against each other on trade policy, with senior advisor Steve Bannon and trade advisor Peter Navarro on one side and National Economic Council Director Gary Cohn and his staff on the other, according to FT. One official said there was “a fiery meeting” recently in the Oval Office.
The FT says that Navarro is losing clout and being sidelined in the White House. As a European official put it: “His influence seems to be diminishing quickly.”