Trump Adviser Peter Navarro Continues to Urge Bringing Supply Chain Home
Peter Navarro, the director of President Donald Trump’s Office of Trade and Manufacturing Policy, has been repeatedly pushing for the U.S. to bring more of its supply chain home as concerns about dependence on China have mounted amid the ongoing novel coronavirus pandemic.
As the U.S. has dealt with the public health and economic fall out of the global outbreak of COVID-19, Trump administration officials and some top Republicans have been increasingly critical of China, the country where the novel virus first arose. Chinese officials initially covered up the outbreak in Wuhan, and China has faced mounting international criticism for lacking transparency amid the pandemic. Meanwhile, the U.S. has struggled to build up essential medical supplies, with much of the supply chain relying on products manufactured in China or elsewhere.
“If we don’t learn from this crisis that the only way this great country is going to prosper is by making the stuff we need as much as possible then we will have learned nothing and we will sink into the abyss,” Navarro said Monday in an interview with CNBC’s Squawk Box. . .
“The structural pillars going forward are going to be [to] buy American–and that is bringing our supply chains and production home, deregulation to make that possible, and innovation to stay ahead of the competition,” he said. Navrro noted that Trump has been meeting with business leaders to discuss how the supply chain could be brought back to the U.S. (Read more from “Trump Adviser Peter Navarro Continues to Urge Bringing Supply Chain Home” HERE)
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