Commentary On July 16, Treasury Secretary Janet Yellen criticized President Trump’s tariffs against $360 billion worth of China’s exports. “My own personal view is that tariffs were not put in place on China in a way that was very thoughtful with respect to where there are problems and what is the U.S. interest,” Yellen said after a week’s trip in Europe. “Tariffs are taxes on consumers. In some cases, it seems to me what we did hurt American consumers, and the type of deal that the prior administration negotiated really didn’t address in many ways the fundamental problems we have with China.” But Secretary Yellen misses the point. The response from Dr. Peter Navarro, one of Trump’s main tariff architects, was both scathing and illuminating. In an email to The Epoch Times, he wrote, “America’s Treasury Department is a captive of globalism within Wall Street and multinational corporation ranks, no matter …