He makes it a binary decision but what is "great"?

Peter Navarro is on the wires saying:

  • We either get a great deal with China or we don't

So what he says is a binary decision. It's one or the other. What we we don't know is what "great" is.

Having said that, what we do know is if a deal is done (whatever it is), it will be "Great!". It will be the greatest deal since the great USMCA deal.

Navarro now adds:

  • China to devaluing currency to offset tariffs
  • level of additional China tariffs not decided yet