Navarro: Tariffs Also Counter VAT Taxes, Currency Manipulation, Dumping, Export Subsidies, Fake Standards
Breitbart ^ | 04/07/2025 | Jeff poor
Posted on 04/07/2025 5:12:25 AM PDT by ChicagoConservative27
During an appearance on FNC’s “Sunday Morning Futures,” White House senior economic counselor Peter Navarro explained the long-term implications for the Trump administration’s tariffs and how they will function to ensure fair trade for the United States.
“Let’s not forget, every economic report that’s been coming out in the last month has been pushing us towards expansion and strength,” Navarro said. “And we just had a blowout jobs number on Friday, 228,000 jobs. That was 50 percent higher than was predicted. So, again, there’s cognitive dissonance between what the media is saying, wanted to push us into recession, and what’s actually happening. I think you’re right, Jackie, that the tariff and trade policy is just one chapter in a book that contains all these other beautiful things that we’re going to do. If you just take, for example, the oil prices, oil prices were a dollar higher during the Biden years. For a commuting, working family, that’s about $1,000 worth of gas prices they had to pay. We’re going to get that back for them. These tariff revenues, by the way, Jackie, $600 billion, $700 billion they are going to raise a year, $6 trillion to $7 trillion over the 10-year period. They’re going to help pay for the tax cuts. I will tell you this, Jackie. Every single dollar that comes in, in tariff revenues that we take from the foreigners who have been cheating us are going to go right to the American public in terms of tax cuts and debt reduction.”
(Excerpt) Read more at breitbart.com ...
TOPICS: Business/Economy; Culture/Society; Foreign Affairs; News/Current Events
KEYWORDS: counter; currency; dumping; exconnavarro; export; fake; manipulation; navarro; subsidies; tariffs; taxes; texas; vat

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I hope he's right
To: ChicagoConservative27
And those 228,000 jobs are good paying “private sector” jobs. Not those worthless DEI, fake phony government no-show jobs that Puppet Biden gave us.
2 posted on 04/07/2025 5:16:19 AM PDT by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
To: ChicagoConservative27
I’m not opposed to what the Trump administration is doing, but it’s obvious that some of these people like Navarro are just pulling numbers out of their asses in their public statements. If these tariffs raise $600 billion in annual revenue, then clearly they are NOT resulting in a major migration of industry back to the U.S.
3 posted on 04/07/2025 5:22:30 AM PDT by Alberta's Child ("The gallows wait for martyrs whose papers are in order.")
To: ChicagoConservative27
Domestic producers pay the same VAT as importers in countries with VAT. Navarro is a very stupid man.
4 posted on 04/07/2025 5:25:18 AM PDT by babble-on
To: ChicagoConservative27
The first time I heard of VAT (value added taxes) was when Al Gore was pushing the concept, so that America could be like Europe and begin using it. Rush, Mike Savage and Glen Beck helped explain it.
5 posted on 04/07/2025 5:25:28 AM PDT by lee martell
To: ChicagoConservative27
They’re trying to make Navarro the new personalized target for the left—and Musk starting that.
6 posted on 04/07/2025 5:28:26 AM PDT by 9YearLurker
To: Flavious_Maximus
And those 228,000 jobs are good paying “private sector” jobs.
And you know that… how?
7 posted on 04/07/2025 5:33:01 AM PDT by Fury
To: babble-on
Mr babble-on, I think you might want to qualify your statement.
Navarro has been working for Trump from the beginning. They sent him to jail for it, which makes him one of the people over the target
And then there’s this, some may or may not find interesting, to the point of claims of his ‘stupidity’, but others may want this explained in that claim:
“He earned a Master of Public Administration from Harvard University’s John F. Kennedy School of Government in 1979, and a PhD in economics from Harvard”
8 posted on 04/07/2025 5:33:04 AM PDT by stanne (Because they were mesmerized by Obama, the man for whom this was named, whose name they left out of )
To: Alberta's Child
There may be a few deactivated heavy industrial plants that could be brought back, at least temporarily, but for tariffs that may be in effect no more than a few weeks or months ? I doubt anything like that is even being considered.
9 posted on 04/07/2025 5:35:06 AM PDT by erlayman (E )
To: 9YearLurker
VAT taxes .... likely ANOTHER way globalists are making bank/grifting off of the tax payers.
10 posted on 04/07/2025 5:42:30 AM PDT by Jane Long (Jesus is Lord!)
To: ChicagoConservative27
Look at the perspective this way. These countries have been getting into the party free. They have been getting in free and picking everyone’s pockets. Now they have to pay a door/gate fee to get in and do it. It is fair that the venue makes something for providing the venue.
11 posted on 04/07/2025 5:52:01 AM PDT by Openurmind
To: babble-on
But in the EU, the exporting producer pays no VAT. So our products trying to come in to the EU are subject to VAT, but their products going out to us are not.
From Europa.eu site on VAT:
“VAT isn’t charged on exports of goods to countries outside the EU. In these cases, VAT is charged and due in the country of import and you don’t need to declare any VAT as an exporter. However, when exporting goods you will need to provide documentation as proof that the goods were transported outside the EU. Such proof could be provided by presenting a copy of an invoice, a transportation document or an import customs record to your tax authorities.”
12 posted on 04/07/2025 5:54:55 AM PDT by Codeflier (Don't worry....be happy. )
To: ChicagoConservative27
OK, somebody dumb it down for me.
I’m 100% behind the reciprocal tariff approach provided that if country X imposes a tariff of let’s say 25% on our exportation of let’s say Harleys, that we in turn impose a tariff of 25% on their exporting to the U.S. a similar product...say...on Ducatis...or Alfas...or whatever...similar products.
But the VAT is something completely different!
The citizens of Country X must pay the VAT on almost everything they buy, regardless of the country of manufacture...whether the products are made in Country X or made in the U.S...it is applied uniformly.
In other words, the VAT does not create a disincentive to avoid products made in the U.S.; it’s applied to all products that the unfortunate citizens of Country X purchase.
Not only Navarro but a few Freepers have brought up the VAT as an issue. I don’t get it.
Thoughts?
13 posted on 04/07/2025 6:03:51 AM PDT by ma_che62 (Bring back "Fat Shaming" and the obesity epidemic will disappear)
To: erlayman
One of the reasons manufacturing left is because the other countries had tariffs on American made products.
If Trump's tariffs are temporary only because they cause other countries to drop their tariffs (and thus Trump drops our tariffs on them), then some of the manufacturing that's being set up in the U.S. might stay in the U.S. (if the other countries keep their tariffs dropped).
I'm for tariffs if they're used like the military strategy of peace through strength. Unfortunately, you have the every now and then wacko that tests our military strength by attacking us. We should always respond with heavy force (not 20-years of "winning over hearts and minds" like after Sep 11) to teach them and everybody else that attacking us is a bad idea. After that you can have peace for a while (i.e. 60 years between Pearl Harbor and Sep 11 was because we were brutal to Japan in a much shorter timeframe until they surrendered).
That's how we should utilize tariffs, which is what Trump seems to be doing. Hammer hard with tariffs on those who've been tariffing us for decades. Then when they learn their lesson and beg for economic peace, we remove our tariffs, all while loudly saying everybody else should pay attention and not want us to repeat it.
14 posted on 04/07/2025 6:07:53 AM PDT by Tell It Right (1 Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
To: 9YearLurker
“They’re trying to make Navarro the new personalized target for the left—and Musk started that.”
I saw that too. The real Musk coming out. Musk being loyal to Musk and protecting his own financial interests. Has he even applied his own DOGE money saving principles to his own ventures yet? Seems he has been reaping the rewards in the background. He has cards hidden up his sleeve and has been handed the deck to deal out.
15 posted on 04/07/2025 6:10:41 AM PDT by Openurmind
To: ma_che62
OK, somebody dumb it down for me. Not only Navarro but a few Freepers have brought up the VAT as an issue. I don’t get it.
I think what is meant is VAT in place of corporate and income taxes. Our companies have to pay corporate taxes (thus American companies have to pay even for selling to other countries), while companies in VAT countries don't have to pay corporate taxes or VAT taxes for selling to other countries. Thus companies in VAT countries have an advantage over American companies (who have to pay corporate taxes).
16 posted on 04/07/2025 6:12:29 AM PDT by Tell It Right (1 Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
To: Openurmind
The EU is trying to hit him up for at least a billion—and it looks to me like he’s trying to work that off with letting off some big political farts over here.
17 posted on 04/07/2025 6:15:11 AM PDT by 9YearLurker
To: ChicagoConservative27
So he counters VAX tax by imposing VAX taxes on us, because that’s what tariffs are.
He’s saddling us with a 19-20% VAX tax.
18 posted on 04/07/2025 6:18:19 AM PDT by aquila48 (Do not let them make you "care" ! Guilting you is how they. control you. )
To: erlayman
If the reports I’m getting from my regular industry trade briefs are any indication, I’d say there isn’t a single long-term major business decision being made along those lines by any major international company. The general consensus is that they will just wait this out and see what happens after the dust settles.
19 posted on 04/07/2025 6:28:36 AM PDT by Alberta's Child ("The gallows wait for martyrs whose papers are in order.")
To: ChicagoConservative27
If a VAT or a standard is clearly used to discriminate against foreign products, OK. Demand that they are removed as part of the negotiation. But Navarro sounds like he is setting an incredibly broad standard for what constitutes “unfair.” Currency manipulation is bad, but it hurts the country doing the manipulating more so than anyone else. VAT primarily is a revenue generator. What Navarro says here makes me hope that Trump doesn’t listen to him as much as Bessent and others who view US tariffs as a means to a very specific end, not a permanent feature of US policy that allegedly will be taken away when countries meet an ever-moving and impossibly high set of goal posts.
20 posted on 04/07/2025 6:29:43 AM PDT by Opinionated Blowhard (When the people find that they can vote themselves money, that will herald the end of the republic.)
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