White House Trade Adviser Navarro Seeks to Calm Investor Concern

The transcript discusses the market's reaction to the U.S. administration's trade moves, particularly concerning China. It highlights internal struggles within the White House on how to approach trade issues, with Treasury Secretary Mnuchin advocating for a softer approach. The focus is primarily on China, with upcoming announcements expected to clarify the administration's stance. There is ongoing uncertainty and potential modifications to the policy due to pushback from Congress and investors.

What were the two main issues discussed in the first section regarding the market's reaction?

• The administration's trade statements and internal White House struggles

• The stock market's rise and fall

• The EU's trade policies and Canada's response

• The impact of technology on trade

What did Treasury Secretary Mnuchin clarify about the trade restrictions?

• They are not solely focused on China

• They are focused on the EU

• They are primarily targeting Mexico

• They are directed at Canada

According to the administration, which country is primarily targeted by the trade restrictions?

• Mexico

• Canada

• China

• The EU

What is expected to be released on Friday according to the final section?

• A business community survey

• A report from the Treasury Department

• A new trade agreement with the EU

• A statement from Congress

What kind of pushback is the administration facing regarding the trade announcement?

• Indifference from the public

• Support from Congress

• Pushback from Congress and the business community

• Approval from investors