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Trump advisor: Take a long view on the markets, but stay bullish

For investors considering the effects of a Donald Trump presidency, take a long, but bullish view, said senior Trump advisor Peter Navarro.

"Everything Mr. Trump's going to do points in the direction of growth, and that will point in the direction of a higher bull market."

Within Trump's first 100 days in office, the incoming president will lower taxes, conduct a comprehensive review of all federal regulatory activity and stop the war on the energy industry, Navarro told CNBC's "Squawk Box."

"From a growth point of view, cutting that corporate tax from 35 percent down to 15 percent – if you simply do that, you get a 30 percent increase in net earnings to corporations which is very, very bullish," Navarro said.

Trump will also issue a Reaganesque moratorium — or temporary halt of activity — "on all new regulations that don't threaten public health or safety," Navarro said, in order to conduct a proper review and determine where to cut costs.

Navarro said Trump's third defined policy measure, stopping "the war on oil, natural gas, shale [and] clean coal," will enable the United States to lower energy prices and in turn become more globally competitive in the energy sector.

The Trump advisor addressed his candidate's controversial stance on global trade, calling him a "free trader" and touting stability.

"He seeks nothing more than to rebalance this economy by increasing our exports at the margin and decreasing our imports," Navarro said.

At the end of the day, Navarro contended that Trump's plan will bring up corporate earnings and stock prices by focusing on two fundamental corporate aspects: "competition and choice."

"He has a Day 1 plan, an 100-day plan, and he will move forward like an army attacking these problems ... and … many of those can be done at the White House level," Navarro said.

Trump became the president-elect Wednesday morning after a stunning upset in which the Republican candidate won the pivotal swing states of Florida, North Carolina, Pennsylvania, and Ohio over his Democratic opponent Hillary Clinton.

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