Peter Navarro, senior trade advisor to President Donald Trump, continues to push an optimistic stock market outlook despite recent volatility tied to Trump’s aggressive tariff strategy. Appearing on The Ingraham Angle, Navarro urged investors not to panic amid short-term dips, predicting a historic rally that would send the Dow Jones Industrial Average soaring to —more than double its current level. He framed the administration’s trade policies as a long-term reset, arguing that tariffs will dismantle foreign “cheating” and redirect investment to U.S. manufacturing, creating a “broad-based recovery” in the S&P 500.
– Navarro dismissed concerns about recent stock declines, calling panic-driven sell-offs a mistake. He pointed to the 2025 tax-cut plan and falling energy prices as catalysts for growth, claiming inflation and recession fears are overblown.
– Navarro defended Trump’s sweeping tariffs as necessary to counter foreign “non-tariff barriers,” such as export subsidies, currency manipulation, and restrictive safety standards. He singled out Vietnam for allegedly repackaging Chinese goods to skirt tariffs and criticized Japan for blocking U.S. auto imports.
– Despite countries like Vietnam offering 0% tariffs to avoid U.S. penalties, Navarro called such proposals “a small first start” and emphasized that non-tariff reforms are nonnegotiable. He argued that Trump’s hardline stance forces trading partners to address systemic imbalances.
Navarro’s bullish vision hinges on reshoring manufacturing and creating a “golden age” for American industries. While critics warn of prolonged market turmoil, he insists the administration’s policies will deliver “the biggest boom in the stock market we’ve ever seen”.
