Tariffs latest: Trump says he’s waiting for China to call – as Musk lashes out at ‘moron’ adviser

News Snapshot:

Musk called him a 'moron' - but who is Peter Navarro? In 2017, during the last Trump presidency, Politico suggested Navarro was "the most dangerous man in Trump world". Navarro - whom Musk has just called a "moron" (see more in our previous post) - is a long-time aide and confidante of Donald Trump and a true loyalist. His economic views are well beyond mainstream economic thought. He is a long-time advocate of tariffs with upfront plans to upend the post-Second World War economic system of free trade and international institutions. Establishment economists consider him to be fringe. That's precisely...