“The great football coach Bill Parcells once said, “You are what your record says you are.” America’s record on trade – specifically American’s chronic and ever-expanding trade deficit – says that America is the globe’s biggest trade loser and a victim of unfair, unbalanced, and nonreciprocal trade.”
Citation: Project 2025, Section 4.6: Trade, Peter Navarro, page 798, paragraph 7
Context:
This is Navarro continuing to misunderstand trade deficits, claiming that the U.S. is a “victim” of them. That’s not how this works.
I include this quote for the irony – if you are what your record says you are, then Peter Navarro’s record suggests that he is indeed a hack, a liar, a conspiracy theorist, and a convicted felon.
Full contextual analysis of Section 4.6: Trade here.
Section: Section 4.6: Trade