The Navarro Express

America’s steak prices aren’t being driven by “inflation” — they’re being driven by cartel power at the slaughterhouse. With just four firms controlling most U.S. beef processing, and two major players effectively controlled from Brazil, American ranchers get paid less, families pay more, and profits flow offshore. As Brazil exports and China buys, foreign demand can end up setting the price of dinner in the United States. That’s why President Trump has directed the DOJ to launch a full antitrust investigation to break the choke point and restore real competition in America’s food supply.

Revised third-quarter GDP is an early signal the Trump manufacturing boom is taking root. Growth rose to 4.4%—driven by rising exports, falling imports, and private-sector production, not government spending. Tariffs and the Big Beautiful Bill’s full factory expensing are pulling investment back into America and lifting output in the hard durable-goods sectors. These are the green shoots of a manufacturing revival—and once the factory lights are on, productivity and real wages rise fast.

Jay Powell says a DOJ investigation threatens Fed independence—but this isn’t about interest rates. It’s about whether Powell misled Congress under oath over the Fed’s lavish multibillion-dollar headquarters renovation. President Trump says Powell is either incompetent or crooked. Either way, this isn’t an independence crisis—it’s a credibility crisis. Independence doesn’t mean immunity. Accountability is the law.

China has weaponized American soybeans for years—using the cancel button to pressure our farmers and bend U.S. trade policy. In this episode, I explain why that happens, how our structural weakness is exporting raw beans instead of processing them at home, and how the Trump administration is moving to anchor demand in America through domestic crushing and biofuels.

The December CPI report delivers three clear conclusions: tariffs aren’t driving inflation, inflation is now running near the Fed’s target, and the data support a rate cut at the Fed’s January 28 meeting. Headline inflation came in as expected, core inflation was even cooler, and goods prices stayed flat—showing no tariff pass-through. Bottom line: inflation is stable, the justification for high rates is gone, and it’s time for the Fed to cut.

In this episode, I break down President Trump’s plan to stop large institutional investors from buying up more single-family homes. Wall Street has been crowding families out, driving prices and rents higher, and turning the American Dream into a financial asset. Trump is drawing a clear line: homes are for families—not funds.

In this episode of The Navarro Express, I break down the real cause of the homeownership lockout: mortgage rates that push monthly payments beyond what families can afford.

I explain how President Trump is going straight at the market that actually sets those rates—restoring liquidity, lowering costs, and reopening the door to homeownership. This isn’t a subsidy. It’s fixing a broken system where it matters.

Today’s jobs report looks confusing at first glance: job growth came in at just 50,000—well below expectations—yet the unemployment rate fell. In this episode of the Navarro Express, Peter Navarro explains why that’s not a contradiction at all. The answer is simple economics and strong border enforcement. When President Trump sealed the border and slowed the flood of illegal labor into the workforce, the economy no longer needed massive monthly job creation just to stand still. Fewer new workers mean fewer new jobs are required to maintain full employment. Same economy. Different math. And a clear policy win for American workers.

Politico says Democrats have found a “rare opening” with rural America. I explain why that’s pure fiction. China deliberately targeted American agriculture in retaliation for President Trump’s trade enforcement—and Trump stood with farmers, countering economic warfare with strength and support. This episode breaks down what the media leaves out and why rural America knows exactly who had their back.