Navarro defended Trump’s tariffs both for their own sake and as a negotiating tactic. He lamented that the United States runs a $1 trillion trade deficit, which he said is equivalent to transferring that amount of money from the U.S. to other countries each year.

The Trump administration’s senior trade counselor also dismissed concerns that the president forced only minor concessions from Canada and Mexic

WASHINGTON (Reuters) - U.S. President Donald Trump will speak with Chinese President Xi Jinping on Tuesday, his top trade adviser Peter Navarro told a Politico Live event, as new 10% tariffs on Chinese imports took effect, spurring retaliatory tariffs announced by Beijing.