White House Aide Tells Wall Street to ‘Relax’ Over Trade Worries

  • Navarro says president to be firm, flexible on steel tariffs
  • U.S. trade office to deliver China IP report in coming weeks

Peter Navarro

Photographer: Andrew Harrer/Bloomberg
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White House trade adviser Peter Navarro said U.S. investors should “relax” over fears that new trade penalties will spark a skirmish that could hurt the world economy.

“We come in peace here,” Navarro said in an interview on CNBC on Thursday. “What everyone on Wall Street needs to understand is: ‘just relax.’"