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LiberalArkie

(17,964 posts)
Mon Apr 7, 2025, 09:58 AM Apr 7

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

APR 7 20258:52 AM EDT

White House trade adviser Peter Navarro said Monday that an offer by Vietnam to eliminate tariffs on U.S. imports would not be enough for the administration to lift its new levies announced last week.

“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 non-tariff cheating that matters,” Navarro said on CNBC’s “Squawk Box.”

The examples of non-tariff “cheating” cited by Navarro included Chinese products being routed through Vietnam, intellectual property theft and a value added tax.

The comments from Navarro come after President Donald Trump said in a Truth Social post on Friday that To Lam, General Secretary of the Communist Party of Vietnam, had offered to cut tariffs on U.S. products to zero. Later in the Monday interview, Navarro revised his statement to say that the offer of zero tariffs would be a “small first start.”

Snip

https://www.cnbc.com/2025/04/07/peter-navarro-says-vietnams-0percent-tariff-offer-is-not-enough-its-the-non-tariff-cheating-that-matters.html


Comment: Does Navarro accidentally own a lot of shares in clothing manufacturers? Or thinking about it?

10 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Peter Navarro says Vietnam's 0% tariff offer is not enough: 'It's the non-tariff cheating that matters' (Original Post) LiberalArkie Apr 7 OP
Spoken like a true Capo. Kid Berwyn Apr 7 #1
+1. Vietnam should give Ivanka a couple of shoe factories there dalton99a Apr 7 #2
"It'd be nice." Kid Berwyn Apr 7 #5
There is no method to Navarro's madness. Klarkashton Apr 7 #3
It's a grift to them. yardwork Apr 7 #6
Other countries should be wary of dealing with a liar newdeal2 Apr 7 #4
Trump's mentioned the VAT (value added tax) before as something he'll demand other countries highplainsdem Apr 7 #7
What an idiot edhopper Apr 7 #8
In general edhopper Apr 7 #9
says one of the main cheaters NewHendoLib Apr 7 #10

yardwork

(66,225 posts)
6. It's a grift to them.
Mon Apr 7, 2025, 10:06 AM
Apr 7

They have no idea what they're doing. They're just trying to steal as much as possible as quickly as possible.

They are so stupid and ignorant they have no idea what they're wrecking. It's a smash and grab.

newdeal2

(2,316 posts)
4. Other countries should be wary of dealing with a liar
Mon Apr 7, 2025, 10:03 AM
Apr 7

He will keep changing the goalposts and he doesn’t keep his promises - see USMCA, Iran deal, Paris accords, etc.

highplainsdem

(55,468 posts)
7. Trump's mentioned the VAT (value added tax) before as something he'll demand other countries
Mon Apr 7, 2025, 10:08 AM
Apr 7

get rid of.

edhopper

(35,787 posts)
9. In general
Mon Apr 7, 2025, 10:12 AM
Apr 7

sell through countries does not prevent tariffs. It is based on Country of origin. The small percentage of things sneaking through is a rounding error and not a problem.

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