Taken together, they tell the tale of two camps having formed among those advising Trump on trade and broader economic matters.
Peter Navarro, head of DJT's National Trade Council, leans protectionist. He thinks that the over-valued Euro and yen are creating such a trade deficit that it has ominous implications for US strategic position on the world stage - and even domestic well-being.
You may recall a post here some time back about him speaking disparagingly about global supply chains.
Steve Bannon is in the Navarro camp.
Pitted against them is Gary Cohn, head of the National Economic Council and depicted as a "Goldman globalist." And Trump is depicted as appearing to lean toward this group. It seems that Cohn has been given a prominent position in talks about renegotiating NAFTA.
And he is jockeying to solidify that position:
European economic officials are pleased to see this trend of less talk of tariffs.
Durden closes with this nugget of food for thought:
Somebody hand Laura Ingraham a napkin to wipe the egg off her face.