Trade Trade Guru Peter Navarro says Zero-Tariff of Vietnam ‘means nothing’ because ‘this is not tariff cheating on things’



  • White House Senior Counselor for Trade and Make Peter Navarro Said to an interview that Vietnam offer for 0% US imports tariffs “means nothing.” He added that taking US tariffs is just a start and transfer weight to non-tariff tradic burgers and other issues that require major transfers to target countries.

Vietnam avoids offer There is no tax on our import After President Donald Trump hit the country with 46% tariffs, but that step is not enough for Trump Trade Peter Navarro, who accuses the countries that are targeted at new tariffs.

Navarro, Trump’s Trump’s administrator for trade and making, a interview OTHERS CNBC Monday the country’s offer “means nothing.”

“Let’s take Vietnam. If they come to us and say ‘we’re going to zero tariffs,’ without having to cheat on us,” he said.

Navarro said the said “non-tariff deception” he referred to exports to a country to avoid intellectual tars, and stopping the intellectual tarkies, and withdrawal of intellectuals

Later, Navarro added that among many problems administration of trade colleagues were exported to trade subsidies, and “phony” in currency agricultural products.

“They all deceive us in different ways,” he said.

Fifty countries have been reached to negotiate Tariff Agreements in the White House, Kevin Hassettt, Director of the National Economic Council, told balloon NEwS Monday. And while Navarro said Trump listened to any offers, the President stood firmly last week “Freedom Day” tariffs up to date.

On Monday, Trump threatened China with 50% additional tariff If it does not throw the US retaliatory tariffs imported.

While Navarro argues that the Trump administration wants to return the “fair” to the global trade, as well as he moved Gofiffs to the countries of foreign tariffs. Eliminating most of these policies, such as vats, require large changes in the household in target countries.

He calls Vietnam and other countries 0% US tariffs imported “a small beginning.”

“This zero tariff thing, it is a mistake,” he added.

Trump’s tariffs were paired with a tax cut that the administration was reported that planning helps American workers, Navarro admitted.

Meanwhile, the stock market flows to Tariff News, which lost $ 6.6. trillion in the amount last week. On Monday afternoon stock saw some relief but still shaken. The tech-heavy Nasdaq No more than 1% while the Benchmark S & P 500 index falls to 0.2%. Dow Jones fell by 1%.

This story originally shown Fortune.com



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