Peter Navarro, White House senior counsel for trade and manufacturing, provided a blunt assessment on the Council on Foreign Relations (CFR): America First does not like you. The CFR has been highly critical of President Donald Trump and his public policy pursuits, from tariffs to the border. But Navarro brought a baseball bat to an event and hit what MAGA would call a home run.
Peter Navarro Critiques the CFR
Peter Navarro, one of the architects behind the president's trade agenda, appeared at an October 17 CFR event, highlighting the America First agenda. While he pontificated on the vital tenets of Trumponomics 2.0 and what the administration is doing, Navarro also presented a frank assessment of the CFR:
"If you ask an AI search engine – try it, I did – it will tell you the Council on Foreign Relations embodies an establishment, technocratic, and globalist ideology, uncomfortably wedded with Wall Street and the multinational corporations that love open borders, cheap offshore labor, and an endless stream of subsidized imported goods. By contrast, the Trump administration, since 2017, has stood squarely with the people who make and grow things in this country, our farmers, ranchers, manufacturers, and workers."
While the CFR, its donors, and the audience would dismiss Trump's America First agenda as "populism" or "nationalism," Peter Navarro stated that it "simply means doing what is best for Americans first, protecting their jobs, communities, and industrial base." He believes the era of globalization and surrender is over. "And it’s long past time for the Council on Foreign Relations to catch up with the world it refuses to understand," he said.
So, are these accurate comments? Like everything else in life, it is about trade-offs.
The Economics of Trade-Offs
Legendary economist Thomas Sowell delivered possibly one of the most powerful two sentences written in the field. In his A Conflict of Visions: Ideological Origins of Political Struggles, Sowell wrote: "There are no solutions. There are only trade-offs." Put simply, there are no perfect solutions, and selecting one benefit means sacrificing another.




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