Posted on 04/07/2025 6:14:36 AM PDT by zeestephen
Navarro revised his statement to say that the offer of zero tariffs would be a "small first start."...The examples of non-tariff "cheating" cited by Navarro included Chinese products routed through Vietnam, intellectual property theft and a value added tax.
(Excerpt) Read more at cnbc.com ...
Go, Peter!
Nice, hardball all the way.
These countries are being exposed and deserve no quarter.
It’s about darn time we had a President with backbone—willing to totally ignore the naysayers—and do what is right for this country in the long term.
Yes. This is the way.
This is the way.
I’m glad they focused on trade deficits and not reciprocal tariffs. The trade deficits reflect the non-tariff barriers.
Plus reciprocal tariffs do nothing to reverse the damage that has been done. Reciprocal tariffs won’t bring industry back to the US. It won’t reduce market share that was built up by a foreign company while the playing field wasn’t level.
What the hell do we owe Vietnam anyway?
Let’s face it, although now many of us are losing right now, we’re in it to win it, no backing out now, go Trump.
This guy is nuts.
Dow is down another 1509 points!
We should change the name to “Down”.
Navarro is not a good spokesman for Trump on this issue. He has an incredibly broad view of what is “unfair” trade (like a VAT) and you wonder if he is setting standards so impossibly high that no country will be able to meet them and thus, his real goal is to simply impose tariffs with no end in sight. That will cause an economic depression. The message has to be that we will negotiate a realistic set of goals to end tariffs on both sides. Not bombast, which is what Navarro has been giving.
I know you are stupid. Take the hysteria and politics out of it. How does the new tariff, a tariff that takes in paltry few billions per year cause a world wide depression in a world where the worldwide GDP is $106 trillion (nominal, 2023)? Again how f'g stupid are you?
Eggs cost $1.50 a piece in 2024, it is a catastrophe!! 5 Trillion dollars lost in 2025 - hey no problem. Why you complaining, idiot? That is how distorted this is.
HOORAY Peter!
HAVE TO START SOMEWHERE.
This is the same story with all of the other trade cheaters.
It is great news that Trump and his crew know the traps and are not blindly falling for the old "zero" tariff game.
When the playing field is level {without hidden "vat" and chinese pass thru} then we can get serious.
Actually, it may be a smart idea to publicly reward the nations that are responding by dropping their tariffs. If a country comes out publicly and says they are doing what it appears we want, we should smile and say good job, it’s a pleasure doing business with you. If there are other negotiations going on behind the scenes, fine. But it’s called saving face. That’s important to a lot of these people. Trump should know that from all his years of wheeling and dealing. Take your wins with grace and class. We’re winning, we can be magnanimous. Don’t rub people’s nose in it. That’s what bullies do.
“..:you wonder if he is setting standards so impossibly high that no country will be able to meet them and thus, his real goal is to simply impose tariffs with no end in sight”.
He, like most of FRMAGA, espouse opinions that if followed result in no trade. Every unfavorable price difference or trade imbalance is seen as cheating. The fix is to raise the price of an import to at least equal a domestic made product. With that accomplished there is of course no reason to have imports.
It may be hard for some FRMAGA to understand that foreign customers can’t buy US goods if they don’t have US dollars. No selling no buying. We quit buying cheap crap from them and they quit buying expensive profitable goods and services.
Soon will see a drive to quit exporting oil and gas? Why not? Why should we have to compete unfairly with other countries for our oil and gas?
Wow, that’s a classy response.
I won’t call you stupid, but I will assume you don’t understand the level at which the markets are emotion driven. It’s not a straight up dollar issue. If people get spooked, they do stupid things. And when it comes to the stock market rationality often goes out the window really quick. Yes, all your dollar calculations look logical, but in the market logical many times takes a back seat to the irrationality of fear.
Sorry you are not stupid just too emotional.. Get a grip, we need you.
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