Navarro suggests Trump for Nobel Prize in economics

The Hill

3 days ago

White House trade adviser Peter Navarro on Thursday said President Trump deserves a Nobel Prize for his commitment to 'restructuring' global trade rates.
'I'm thinking that since he's basically taught the world trade economics, he might be up for the Nobel on economics because this is a fundamental restructuring of the international trade environment in a way where the biggest market in the world has said, you're not going to cheat us anymore,' Navarro said during an appearance on Fox Business Network.
'We're going to have fair deals. And everything he's doing has defied the critics. The tariffs have been tax cuts rather than inflation,' he added.
Navarro said the White House's trade negotiations are 'working beautifully' to weed out other countries' unfair advantages.
So far, the Trump administration has secured deals with the United Kingdom, European Union and Japan while awaiting a more permanent agreement with China, the world's second-largest economy.
'These deals are happening now fast and certainly look incredibly effective,' Navarro said, lauding Trump's leadership.
In recent months, multiple entities have nominated the president for the coveted prize.
GOP Reps. Buddy Carter (R-Ga.) and Darrell Issa (Calif.) separately nominated Trump for the Nobel Peace Prize for the president's role in ushering peace agreement s in the Middle East to include conflict resolution between Iran and Israel.
Israeli Prime Minister Benjamin Netanyahu also presented the president with a letter nominating him for the Nobel Peace Prize in early July after Trump pushed for a ceasefire between Israel and Iran.
A month prior, Pakistani officials nominated the leader for a prize due to his intervention in their disagreement with India, and later condemning U.S. strikes on Iran.
However, the president remains skeptical that he'll win the award last given to a U.S. leader when former President Obama received it months into his first term.
'I won't get a Nobel Peace Prize for this, I won't get a Nobel Peace Prize for stopping the War between India and Pakistan, I won't get a Nobel Peace Prize for stopping the War between Serbia and Kosovo,' he wrote in a June Truth Social post, also naming conflicts in North Africa and the Middle East.
'No, I won't get a Nobel Peace Prize no matter what I do, including Russia/Ukraine, and Israel/Iran, whatever those outcomes may be, but the people know, and that's all that matters to me!' Trump added.
The president was additionally nominated for the prize last year for the brokerage of the Abraham Accords and by 18 House Republicans in 2018 for denuclearizing the Korean Peninsula and end the 68-year-old war between North and South Korea.