Peter Navarro says Vietnam's 0% tariff offer is not enough: 'It's the non-tariff cheating that matters'

Trump adviser rejects Vietnam's zero-tariff offer, cites 'national emergency'

Vietnam's zero-tariff offer failed to sway the Trump administration, as White House adviser Peter Navarro cited non-tariff cheating and a "national emergency" over a soaring trade deficit to justify steep new levies.

Like Covid Lockdowns, a Tariff Recession Would Punish and Reward the Wrong Companies - LewRockwell

Equity markets continued to sell of Monday morning as Trump economic advisor Peter Navarro told CNBC that even a 0% tariff offer from Vietnam would not be enough for the Trump administration to change its tariff policy toward that country. “Let’s take Vietnam. When they come to us and say ‘we’ll go to zero tariffs,’ that means nothing to us because it’s the nontariff cheating that matters,” said Navarro. Non-tariff cheating refers to subsidizing…

Trump trade guru Peter Navarro says Vietnam’s zero-tariff offer ‘means nothing’ because ‘it’s the nontariff cheating that matters’

Navarro said trading partners cheat the U.S. via methods like currency manipulation and export subsidies, but also through levying VAT.

Vietnam PM says he will address US concerns on non-tariff barriers

Navarro went hard after Vietnam today

Vietnam's Zero-Tariff Offer 'Means Nothing'

Peter Navarro -vs- CNBC - The Last Refuge

White House senior policy advisor for Manufacturing and Trade, Peter Navarro, appears on CNBC television for an almost 20-minute long debate of Wall Street vs Main Street. Navarro represents MAGAnomic nationalism, the rest of the CNBC panel represent the interests of Wall Street and their friends and neighbors who manage hedge funds and connected financial […] The post Peter Navarro -vs- CNBC appeared first on The Last Refuge.