Quotessence
Home / Quotes / Quote by Peter Navarro

Quote by Peter Navarro

“As soon as one bad actor like China massively cheats, they win at the expense of us; they win at the expense of Europe and over time it threatens the entire integrity of the global financial system and the global trading system.”

Quote by Peter Navarro

Author

Peter Navarro

Peter Navarro is an American professor of economics and international business at the University of California, Irvine. He has held various positions in government and academia, contributing to the understanding of economic policies and their impact on global markets. more

You May Also Like

“The policy goal is to persuade China to stop cheating. But here's what's interesting - Donald Trump intuitively understands what things should be. I did a study in 2008 where I estimated the impact of China's unfair trade practices on their competitive advantage - the so-called China Price. You know what it came out to be? Forty-three percent. Forty-three percent - very close to what his intuition said we needed in order to equalize things.”