Ever since quasi-professional economist Peter Navarro went onto the White House lawn and acted like a total lunatic on live television, we have found ourselves very intrigued by Peter Navarro.
The guy is just fun to watch. Whether he's railing against China and/or socialist Wall Street banks, or wandering the halls of the West Wing in sweatpants while carrying a copy of his book, Navarro is the whacked-out staffer that could do or say anything. Ol' Pete's wild man act is so convincing, in fact, that he ended up getting put in White House time out under vice principal Gary Cohn.
But it seems that even Solomon Grundle himself couldn't stifle the mad exuberance of America's most unhinged trade economist, because Pete Navarro is BACK baby!
The White House plans to promote an adviser known for his hawkish views on trade policy, giving economic nationalists a stronger voice in internal debates as the Trump administration nears decisions on high-profile trade issues.
Peter Navarro, an economist who helped shape Donald Trump’s 2016 protectionist campaign platform, will be named an assistant to the president, according to a person familiar with the matter.
And his timing couldn't be more perfect. This White House is about to make a ton of big trade-related decisions and it is now operating under the assumption that Wilbur Ross' aggressive napping schedule makes him an unreliable front man for "making" said decisions. So with the Commerce Secretary being told to focus on the literal moon, Navarro has the benefit of comparison by being both medically awake and possessed of strong opinions.
Whether those opinions can survive a West Wing chock-full of globalists is another matter, but judging from how Trump is talking lately it does seem like Navarro has gotten some recent quality alone time with bae in The Oval. From Reuters yesterday...
“I want to bring the steel industry back into our country. If that takes tariffs, let it take tariffs, OK? Maybe it will cost a little bit more, but we’ll have jobs,” Trump told a meeting at the White House with state governors.
So it feels like we're about to get a lot more Peter Navarro in our lives. Which is great if you like to be entertained by economists who appear mentally unstable, but bad news if you're a fan of cogent trade policy.