Navarro: China engages in so many ‘egregious practices,’ it’s tougher to get a trade deal

Establishing a new trade deal with China could be significantly tougher than it was with Mexico, according to one of President Trump’s top advisors. “The challenge is, they’ve engaged in so many egregious practices that it’s far more difficult to make a deal with China than it would be with Mexico,” Peter Navarro, director of the National Trade Council at the White House, said on CNBC’s “Closing Bell” Monday. The former economics professor and author of “The Coming China Wars,” has been notoriously hawkish on trade. Navarro said the goal now is structural realignment where all countries the U.S. trades with engage in “free, fair, and reciprocal” agreements. Read more here.