White House trade adviser gives stern warning to price gougers

President Donald Trump arrives to speak in the briefing room of the White House in Washington, Monday, March 9, 2020, about the coronavirus outbreak. Standing are White House trade adviser Peter Navarro, third from left, Treasury Secretary Steve Mnuchin and National Institute of Allergy and Infectious Diseases Director Anthony Fauci. (AP Photo/Patrick Semansky)

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UPDATED 10:19 AM PT — Monday, March 23, 2020

White House Trade Adviser Peter Navarro had a stern message for brokers who are price gouging essential supplies. During the coronavirus press briefing on Sunday, he said those hoarding supplies to price gouge “will not be let off the hook.”

Brokers are offering off high-demand items, like toilet paper, hand sanitizer and cleaning supplies, while also dramatically increasing their prices. This comes as a number of states across the country are now threatening legal action against price gougers.

“A message to the hoarders: if you have any large quantities of material that this country needs right now, get them to market or get them to us,” he stated. “We’ll pay you a fair price, but if you don’t do that, we’re going to come for you and make sure that doesn’t happen in this country”.

Rhonda Gillett caps bottles of hand sanitizer at the Prairie Distillery, which has switched from making liquor to making hand sanitizer due to the coronavirus pandemic, in Guthrie, Okla., Saturday, March 21, 2020. (AP Photo/Sue Ogrocki)

Most recently, Attorney General William Barr called on federal prosecutors to crackdown on “all criminal conduct related to the pandemic.”

RELATED: FEMA administrator calls demand for medical supplies a ‘global problem’

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