What did Peter Navarro predict about the economy in March 2018?
Peter Navarro, Director of the White House National Trade Council ·
I don't believe any country in the world is going to retaliate, for the simple reason that we are the most lucrative and biggest market in the world.
China retaliated April 2, 2018
Navarro said no country would retaliate against the steel and aluminum tariffs. On April 2, 2018, China announced tariffs on $2.4 billion of U.S. products.
After the steel and aluminum tariffs took effect on March 23, 2018, China announced on April 2, 2018 that it was imposing tariffs on $2.4 billion of U.S. products (Peterson Institute for International Economics).
Prediction vs. outcome · Economy
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The claim
- Date
- Where
- Interview on Fox Business's Mornings with Maria, on the planned steel and aluminum tariffs.