WH Senior Counselor for Trade and Manufacturing Peter Navarro on FNC’s “Sunday Morning Futures”:

PETER NAVARRO, SENIOR WHITE HOUSE OFFICE TRADE AND MANUFACTURING ADVISER: It’s the perfect Trump economy in 2026. It’s what we call a Goldilocks economy. The last time we saw what we’re seeing now was 1998. And what are we seeing? We’re seeing stock market over $ 50,000. That’s Wall Street. But we’re also seeing rising real wages. That’s Main Street. We’re seeing a return to manufacturing. We’re seeing strong, strong growth. And it’s all happening in a disinflation environment, where we’re at or near Fed target. We’re near Fed target. And it’s really extraordinary what’s happening, Maria. You and I — your day job during the week is looking at these macro indicators. We have had the jobs report come in. We blow out numbers. We had the ISM Manufacturing Index, which is dear to my heart because I’m the counsel for trade and manufacturing. That’s showing a very robust final jump in manufacturing. CPI, as you just reported — you look. And this is happening because of tariffs, not in spite of them, as the critics would say, because, if there were any tariff inflation, it would show up in the core. It’s simply not doing that. So everything is hitting on all major cylinders. And the best is yet to come. I will tell you, Maria, when Americans get those rebate checks on Tax Day, that’s going to be the biggest rebate and broad-based in American history in 2026, unless, of course, the geopolitics gets in the way. It’s shaping up to be beautiful. And one last thing I would say on this. The media’s got to take some responsibility here and the Democrats. To the extent they keep bashing us, irrespective of the data, that’s going to drag down confidence. It’s like, come on. Like, see the data, speak the data, be real, Trump economy, perfect, best year since ’98. We will top that. It’s probably one of the best years in modern American economic history, not hyperbole. That’s what the data is telling us.

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