Earlier this week, when we discussed Peter Navarro's jarring op-ed in the WSJ in which he alleged that the persistent US trade deficit "would put US national security in jeopardy", we said that "a better question than what is Navarro's purpose by writing it, is why he is writing it, and does his use of a public forum like the WSJ mean that there is
“Civil War” Breaks Out At White House Over Trade… And Goldman Is Winning
“At the moment it appears that the Wall Street wing of the Trump administration is winning this battle and the Wall Street wing is in favour of the status quo in terms of US trade policy.”