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The Daily

A Conversation With the Architect of Trump's New Trade War

The Daily

The New York Times

Daily News, News

4.4102.8K Ratings

🗓️ 18 February 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

During less than a month in office, President Trump has pursued more trade actions against adversaries and allies than all the trade measures he took in his entire first four-year term. There is one man guiding it all: his trade adviser Peter Navarro. Ana Swanson, who covers trade and international economics for The Times, explains why Mr. Navarro thinks tariffs will usher in a new age of American prosperity.

Transcript

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0:00.0

From the New York Times, I'm Rachel Abrams.

0:04.9

This is the Daily.

0:06.4

President Trump says he's going to announce so-called reciprocal tariffs on every country with duties placed on the U.S.

0:15.2

With less than a month in office, we're just hours into a new trade conflict.

0:19.5

President Trump has pursued more trade actions against adversaries and allies than all the trade measures he took in his entire first term.

0:28.1

Tariffs ordered by President Trump, one and two effects at mid-pack.

0:31.3

Canada and Mexico will be among the hardest hit by these tariffs.

0:34.5

These tariffs more than triple what was done during the first term.

0:38.5

And there's one man guiding it all.

0:40.8

President-elect Trump choosing Peter Navarro for a top economic position in his next administration.

0:45.9

Today, my colleague Anna Swanson on how Peter Navarro rose to become one of Trump's key

0:52.2

advisors and why he thinks tariffs will usher in a new era of American prosperity.

1:03.8

It's Tuesday, February 18th.

1:28.8

Hi, Anna. Hey, how are you? Good. Thank you for being here. I wanted to talk to you because you covered President Trump in his first term and you focused a ton on international trade. So I figured you would be the right person to talk to and help me understand this key advisor, Peter Navarro, who's been advising Trump on all of these tariff policies

1:33.8

that we've been hearing about recently. Right. So I met Peter Navarro when I was covering trade

1:38.5

policy in Trump's first term, and he's an interesting person because he had a very unusual

1:43.6

journey to the White House.

1:45.5

And he had views about trade and in China that were considered pretty unconventional and unpopular.

1:51.6

But over time, these views have become one of the driving forces of Trump's trade policy.

1:56.8

So I'm pleased to see you after four long years of exile.

2:02.0

So recently I went to see him again with two colleagues from the Daily.

2:06.7

I actually listened to the Daily.

...

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