- Senior Counselor White House on Trade and Production Peter Navaro In an interview he said that Vietnam’s proposal is 0% of the US import tariffs “nothing” means. ” He added that getting rid of tariffs in the US is just the beginning and moved the emphasis on unverified trade barriers and other issues that will require serious internal shifts in the target countries.
Vietnam complained to offer No tax on US imports After President Donald Trump came to the country of 46% of the tariffs, but this step was not enough for Trump’s trade advisor Peter Navaro, who accused her of “deception” and increased the expectations of countries focused on new tariffs.
Navaro, Senior Trump Advisor for Trade and Production, said in interview since Cnbc On Monday, the country’s proposal “does not mean anything”.
“Let’s take Vietnam. If they come to us and say,” We will go to zero tariffs, “this means nothing because it is not a tactful deception,” he said.
Navaro stated that he allegedly “not worth”, which he referred to, included permission in China to export through the country, to avoid tariffs, theft of intellectual property, and a value added tax (VAT) for products.
Navaro later added that among the many problems that the administration sees its trading partners are export subsidies, currency manipulations and “fake” technical and safe barriers for the US agricultural products.
“They all cheat on us another,” he said.
Fifty countries have already addressed talks on tariff agreements with the White House, said Kevin Hasset, Director of the National Economic Council Fox News Monday. And although Navari said Trump would listen to any suggestions, the president was firmly standing last week Tariffs “Liberation Day” So far.
Monday Trump threatened China With 50% of additional tariffs If this did not give up tariffs on the US import.
While Navaro claimed that Trump’s administration wants to restore “justice” in world trade, it would seem to have moved the goal for the countries that negotiate “non -tariff barriers” over foreign tariff policy. Many such politicians, such as VAT, will require major internal changes to the target countries.
He called the proposal of Vietnam and other countries in the amount of 0% US import tariffs “small first start”.
“This is a zero tariff thing, it’s wrong,” he added.
Trump tariffs paired with tax reducing the administration, it is reported to help US workers, Navaro said.
Meanwhile, the stock market went to the tariff news, losing $ 6.6. Trillon of cost last week. On Monday afternoon, the shares saw some relief, but were still shaken. Technological heavy Nasdaq It was less than 1%, while the S&P 500 indicator decreased by 0.2%. Dow Jones fell 1%.
Originally this story was presented on Fortune.com
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2025-04-08 01:15:00
Marco Quiroz-Gutierrez
