Sentences with phrase «trade hawks»
"Trade hawks" refers to individuals who are strongly in favor of taking aggressive measures to protect their country's economic interests in international trade, often through policies such as imposing tariffs, restrictions, or negotiating better trade deals. Full definition
The delay came as the free trade wing of the White House, led by Cohn, disagreed with trade hawks in the administration on whether to impose tariffs.
cnbc.com
Trump signed an executive order to investigate the trade policies around steel and aluminum in April 2017, a directive that sparked an internal struggle within the Trump administration, pitting free trade advocates, like chief economic adviser Gary Cohn, against trade hawks like White House adviser Peter Navarro.
The dispute pitted free trade advocates, such as chief economic adviser Gary Cohn, against trade hawks like White House adviser Peter Navarro.
The fact that Steve Bannon, an economic nationalist, and the anti-China trade hawk Peter Navarro are seen as losing influence in the White House to the more moderate economic adviser Gary Cohn reinforces this view.
There are still some China trade hawks in the administration who can keep Bannon's vision alive, including Lighthizer and White House National Trade Council director Peter Navarro.
So do many American steel and aluminum companies and some of Trump's trade hawk advisers.
Mr. Trump's announcement was welcomed by a leading Democratic trade hawk in the Senate, Sherrod Brown of Ohio, who said the tariffs were a first step toward a comprehensive response to China that should also include increased screening of foreign investment in the United States to ensure it does not hurt American jobs.
Among its supporters are trade hawks like White House adviser Peter Navarro and some Rust Belt Democrats, including Sens. Sherrod Brown (OH) and Bob Casey (PA).
But Politico's Ben White and Andrew Restuccia report that in the days since Porter's ouster, the trade hawks have gained ascendancy:
The trade hawks ultimately won, and Trump followed through on trade policies he promised during the campaign.
In the end, the trade hawks won.
Peter Navarro, a trade hawk who initially had his own independent office, was moved last month to Cohn's staff, with less direct access to the president.
Contrary to claims coming from some trade hawks, America's large and persistent trade deficit is not caused primarily by bad trade deals.