however less visibility for Navarro isn’t seen translating into more acquiescence on trade by the White House.
“We weren’t expecting any substantive breakthrough at the G-20, even if Navarro hadn’t been sidelined,” Nick Marro, an analyst at The Economist Intelligence Unit (EIU), told CNBC. “Remember which he isn’t the only hawk inside the administration: Robert Lighthizer, who drove the initial investigations used to justify the U.S. tariffs, will be also a hardliner on China.”
“We expect Lighthizer to keep pressing China on its industrial policies, because at which stage, any trade deal will be unlikely to resolve the issues at the heart of the dispute, such as forced tech transfer or intellectual property theft,” Marro added.
The White House didn’t immediately reply to CNBC’s request for comment on the dispute between the two advisors as well as also its possible impact on U.S. trade policy.
Navarro will be easily one of the more aggressive White House advisors when which comes to China. He last week said which any deal with China “will be on President Donald J. Trump’s terms. Not Wall Street’s terms.”
Kudlow refuted which directly on Tuesday, saying the “remarks were way off base.”