According to Bloomberg analyst * Walter Bloomberg released market news, White House trade adviser Navarro: Oracle will play the role of the "Great Firewall of the United States".
Navarro, the White House trade adviser, said Fed rates were at least 100 basis points higher than normal.
White House trade adviser Navarro: If India stops buying Russian oil, it can get a 25% tariff discount.
White House trade adviser Navarro: Drug tariffs are likely to be implemented under Section 232.
White House trade adviser Navarro: If interest rate cuts cause prices to rise, then the opposite is true.
White House trade adviser Navarro: Powell's interest rate level is at least 50 basis points higher than it should be.
White House trade adviser Navarro: The 35% tariff does not apply to USMCA goods.
White House trade adviser Navarro said the United States would increase tariff revenue by trillions of dollars.
White House trade adviser Navarro: The Federal Reserve should cut interest rates in July.
Navarro, White House trade adviser: Fed Chairperson Jerome Powell's hold on interest rates is doing serious damage. Powell's (decision) has resulted in lost revenue and higher interest payments. Americans are feeling "severe economic pain". White House trade adviser Navarro called on the Federal Reserve Board to intervene in Powell's position.