Navarro rejects Vietnam's offer of removing all US tariffs due to 'nontariff cheating'

Can someone make sense of this gibberish? Is he expecting Vietnam to buy millions of American shoes or similar?

Navarro called Vietnam the "poster child for nontariff cheating," and said that even if the country were to remove all its tariffs, the U.S. would still be in a heavy deficit.
newsweek.com/vietnam-offer-remove-tariff-trump-trade-peter-navarro-2056149

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sell product to US

collect dollar

refuse to spend dollar on US products

accumulate dollar to own more and more US asset instead

That's what's meant. I spend money with you. Now you spend what you made with me instead of trying to cheat me out of my assets.

I think it's because China has sent a lot of its products through Vietnam to get around sanctions and tariffs and stuff.

be orange man

go to mcds errday

pay mcds some money for your big mac n diet coke

recieve big mac n diet coke

WTF I'm getting ripped off! You should be paying me to allow me to pay you for that food!

How does dollars changing hands between US entities cause a trade imbalance? Are you mentally handicapped?

What are they supposed to buy from the US? Onlyfans subs and overpriced chlorine chicken?

Doesn't matter. Find something you need. Or do not and get hit with tariffs. Your choice.

Bro why aren't these Vietnamese peasants spending their paychecks on Ford F150s

It's all irrelevant. Either the imbalance goes away, or you get hit. So either stop selling or start buying. Your choice.

trade deficit is bad because..it...IT JUST IS OK???

Lol the whole point of money is it's none of your business what someone spends it on after you buy something from them. Deranged.

buy the burgers or the vietnamese fucking shits get it

That's communist thinking man. Mao tier. The government does not have a trade deficit with Vietnam like Trump is implying.
Companies buy these products and when a consumer goes to the store they make the choice to buy the product and if they buy one from Vietnam that's their choice. Its none of the government's goddamn business. You can't force Vietnamese peasants to buy American products and you can't force Americans to stop buying Vietnamese products.

how many american cars do they buy in vietnam? probably not many since they have a 70% tariff. i guess america wants to tariff countries that are already tariffing the us. if tariffs don`t work why do so many countries have tariffs on america to begin with. is it because they believed america would not respond in kind because for decades thy ignored it.

Is he expecting Vietnam to buy millions of American shoes or similar?

no he's not. he's ending globalization. you're not supposed to win his favors it's a rigged game. it was decided under Obama. Biden played along declaring economic war on China.
the covid crisis was most likely part of this move.
get ready for actual imperialism

You do realise the US can just look at what the central bank of Vietnam owns in dollars, right? It's not hidden.

chinks dropship their shit to vietnam to get around chinese tariffs
they should probably stop allowing it if they don't like economic napalm

why do they need a 70% tariff on f150s if vietnamese cant afford them to begin with. and if they cant afford them anyways then why not drop the tariff?

Not just China. Vietnam is one of the big up and coming manufacturing giants. There's been a big push to stop building electronics in China and start building them in Vietnam. A tariff on Vietnam wouldn't just be on Vietnam, it would be on all the Chinese/Japanese/Korean companies using Vietnam as a manufacturing hub. I think the argument is that if we tariff China, and we have no tariffs with Vietnam, then China will just manufacture everything in Vietnam, bypassing their tariffs. Something like that.

Vietnam subsidizes industries with the intention of dumping their goods in other countries at below market prices. If aluminum sells for $1/lbs in the us due to natural market fluctuation, Vietnam can instruct state affiliated extruders to sell at a loss and they will repay them the balance. Then vietnamese aluminum can be sold throughout the world at $0.50/lbs driving local companies out of the price range with no way to compete without their own subsidies. This has been going on for decades in various industries from various countries. During bidens term there was almost an 80% add/cvd put on Vietnam but it didn't make it through

There is a 100% trade imbalance between McDonald's and its customers.

Because the chinks bribed them to. China has spent billions opening plants in Vietnam. Like said

Oh shit man they own our monopoly money we printed out of thin air, that's awful.
They don't have a 70% tariff, Trump pulled that number out of his ass.

US dollars circulating between US entities can only cause imbalance between those US entities, but that's irrelevant to the goal here. Communists can rectify that imbalance in 4 years' time.

if tariffs don`t work why do so many countries have tariffs on america

To protect their domestic industry. I actually don't understand why the USA hasn't had reciprocal tariffs from day one. I guess because during the Cold War we wanted to be everyone's buddy pal?

This applies to every country. I never buy mcdolands.

You can buy stonks and real estate with those monopoly funds. It's your country, not mine. If you'd like to sell it off bit by bit to gooks, be my guest.

Are you the swissjeet?

oh no, you see, tariffs don`t work. every country in the world has just been hurting themselves for no reason for decades, centuries even

Swiss Trumpf

How does that at all refute my point?

They were hurting themselves so their product wouldn't be the most expensive there is.

How does your point related to Vietnam? Is McD selling Vietnamese beef?

low iq post.

Basically, yeah. The agreement was that America would annihilate the vast wealth its working class possessed through America's industrial base and ship it all overseas and in exchange all those countries would align with the USA instead of with the USSR. They traded away the working class's prosperity for dreams of empire.

Woah
This is crazy

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Doesn't. I didn't make any point about it.

Wtf u retards. $1 = $1
Of course this does not cover the hidden jewish inflationary reduction in value of dollar and taxes.

Then why are you itt?

b-b-but i thought the left cared about the working class? why would they support this?

Why is it so hard to talk about the point, why do you always have to be like this?

Ok Misses. Explain this to a retard. How is that a trade imbalance?

To make a point that you don't understand what trade deficit means.

furfags

And you got btfo'd. Now fuck off.

To protect their domestic industry. I actually don't understand why the USA hasn't had reciprocal tariffs from day one. I guess because during the Cold War we wanted to be everyone's buddy pal?

According to Howard Lutnick the US has been letting struggling countries (like after wars) have unbalanced trade with the US going back many years to help rebuild their countries. The problem was no one ever remembered to rebalance the things later.

Can someone make sense of this gibberish?

It's pretty straightforward so I assume you're economically illiterate, there are means available to a country to give its exports a leg up over the competition, especially if the competition is tying its hand behind its back with free trade policy. Other countries' tariffs are only part of the equation, we have to factor in subsidies, lack of labor, health, safety, and environmental laws, favorable treatment to native firms that is not extended to American ones, prohibitive taxes and red tape, etc. This is approximated as "the trade deficit". Trump's tariff strategy is meant to address trade deficits, not just balance discrepancies on individual items

Trump's policy or the kikes behind him is : rather 5% inflation than 5% unemployment.

You're example might work if mcdicks didn't pay their employees and their taxes in USD

He is expecting vietnam to stop being a proxy for chink, japan and SK. That's why the tariff is so high

Since you're retarded, I'll make a scenario that even a retard like you can understand:

Be American

Go to McViet's in Vietnam

Buy a McViet ching chong smile meal so you can get a MiningCrafting toy

Trade surplus created between you and McViet

WTF I gave them MONEY and they gave me PRODUCT, why won't they spend the money I gave them on buying anything from me????

Maybe umm... Maybe Vietnam farmers are not rich enough to buy products made in the US, where minimum wage and the cost of production is MUCH higher than in Vietnam? If you weren't retarded, maybe you would've realized that

No I didn't. You refuse to address the point.

dumb nigger. Ford is the one non-jap car brand that is popular here in riceland. That and our own car vinfast.

This whole thing is like in a fighting game where you argue that won’t play unless your opponent can’t use throws because they’re unfair.

Trade imbalance means country A buying more $ in products from country B than country B does from country A.

It's retarded because the US is a huge wealthy consumerist nation, and Vietnam is a poor country of rice farmers with low wages. Of course Vietnam isn't going to buy as much from the US as the US buys from Vietnam.

Essentially, Trump is punishing Vietnam for... selling things to the US that the US wants to buy from them? It's retarded. It's like getting pissed off at McDonald's because you bought a hamburger from them, but they won't buy your smelly socks for 10x the price of socks they can buy elsewhere. It's like shouting at a hot dog vendor because he sold you the hot dog that you wanted to buy.

You don't get it, retard. Vietnam sells stuff to the US. It gets paid in dollars. It doesn't get paid in dong. Those dollars do not magically travel to Vietnam. They stay in the US. What happens to them? Three options: 1) they get spent on some sort of US product that gets shipped to Vietnam. 2) They get spent on a US service, and the service gets performed to Vietnam's benefit. 3) The accumulate in the account of the Vietnam central bank or its subsidiary banks. The US government knows how much is accumulated at Vietnamese banks. The computer tells them immediately. So any imbalance is obvious. And a small imbalance is ok. But a large one isn't. And a steadily increasing one is eventual suicide. Because the consequence is that more and more US assets are foreign owned. The country is being sold bit by bit to foreigners.

In your example you’d be the Vietnamese farmer. At which point you’d either sell meat or grain to McViets. The policies are meant to dissuade American consumers away from choosing mcviets over McDonald’s, understand?

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refuse to spend dollar on US products

Maybe if the US could make better products they would buy, like they do with EU or JP or JK or China products.
But USA doesn't make shit.
What are they supposed to buy? F150s?

So is he lying about the trade deficit being the reason or is he a puppet?

It's irrelevant. That's the tariff gun. Find something to buy with the proceeds, or stop selling to us. But one way or the other, the imbalance stops.

Vietnam is tiny compared to us. every single citizen would have to buy like three ford broncos every year.

No, he’s not lying about the trade deficit. But if Vietnamese people can’t afford buying American products or services then Americans need to exchange products and services in America. It is not our responsibility to build up the economies of other nations.

If you stop allowing our trade partners to accumulate dollars, then they dump the dollar as a reserve currency, and then you get a weak dollar, stagflation, and higher interest rates.
I think Trump really wants a return to Bretton Woods but he doesn’t really know what that was.

reality is irrelevant

OK, good luck making Nikes at home.

Vietnam makes trendy lefty brands. Look up where Carhartt and Patagonia make their shit. Thats why they are screeching.

Where the hell do you think Nikes were made in the 80s?

Yes. So dump the dollar as reserve currency. Find another. Yuan? Go ahead. I don't think Trump cares. It will probably happen anyway. Hence the turn-around on tariffs.

You mean some depreciating paper. The currency is not the country.

It doesn't get paid in dong

The US is welcome to trade in their status as reserve currency. It would be economic suicide, but you retards are championing similar ideas, after all.

The country is being sold bit by bit to foreigners.

So now you're saying that foreign countries shouldn't invest in the US? That's an entirely different issue, you fucking retard. It's also anti-capitalist.

It doesn't stay in paper form, bro. It gets invested. Look up how much the Swiss central bank owns in US stocks. It's frightening.

Why is that dog pink

The China already took over Hoàng Sa island(biggest island on our East Sea),please Trump go rape them please!!

What do you think that the net result is of a trade imbalance? A surplus amount of Vietnamese dollars inside the US banking system. If those do not get spent then what happens to them? Correct, they get invested. In stonks, in land, in real estate.

All of this is leading to the US becoming objectively poorer in the world and more isolated because its leaders didn’t think they were getting their fair share. Same result as Brexit, but amplified by schizophrenic abusive behavior. The US will turn itself into a third-world country if they pursue this hard enough.

As far as I can remember Malaysia/Indonesia
Those from Indonesia were very good quality.

Yes, isolation is exactly what is needed. And it's good. Stop this globalist nonsense. Go complain at the WEF.

Find another. Yuan? Go ahead

CIPS has been operational for ~1y, where do you think inflation is coming from, lol.

Vietnam War 2

We're not fighting those little fuckers again yanks, good luck cunts.

Ok, you’ll be poor as shit but at least you won’t be trading with the Chinese?
Just hill people with three teeth up in their holler pointing their shotguns at passers-by.

Vietnam doesn't have much in the way of "policies" to dissuade Vietnamese from choosing Vietnamese over American. American products are more expensive. It's not about tariffs--Trump has made that clear. They don't give a fuck if Vietnam removes all tariffs. They said it's not open for negotiation. All they're doing is trying to crash the US economy and the rest of the world with it. Billionaires can easily profit, riding the wave down, and then riding it back up when the tariff talk is eased.

Yes, give me FUD. It just doesn't work on me. We'll just have to see what happens, and whether it's good or not. Proof is in the pudding.

Vietnam is one of the big up and coming manufacturing giants.

Tech too. I've never heard of Vietnam teams, but now I'm hearing about several tech companies I know of seek out Vietnamese people to put together programming teams so the CEO's can save a few bucks. Turk teams and Indian teams weren't working out.

Yeah that's exactly my fucking point, you retard. Are you saying other countries SHOULDNT invest in US products? Great way to tank your economy even further, fucking idiot. Yeah, maybe Vietnam SHOULDNT buy your treasuries. Good luck raising enough money to keep the US government and country functioning when you forbid that.

Yup. This just exposes the bullshit. This was never about equal or free trade.

Ok, thanks for the good wishes. See you on the flip side.

be retarded memeflaggot

have no point to make

must shitpost

say retarded childish butthurt nonsense instead

feel smug

It’s not FUD, it’s what you want. It goes past being a possibility you’ll accept and becomes the actual result you’re hoping for. Because if the US becomes poor then immigrants won’t want to come here.

Amen

Fuck off retard, were just gonna do whatever we want and destroy any "nation" that gets in our way because after nearly half a decade of the Bidenocalypse we are done, we as in America, we don't give a shit about muh principles we don't give a shit about muh allies, if you're a foreign parasite you will lick the boot or it will stomp on your face, if you're a wall street/silicon valley/Hollywood/government employee Jew who has bled the white working class dry and oppressed it for half a century then guess what? You get to lick the American boot too! The New World Order ushered in by GHW Bush's thousand points of light speech is over and it's never coming back. If you don't like it then by all means please move to some shithole like Yurop

What did the microchip reveal ?

You are 100% correct

retard begs the great satan for help

americunts killing 2 million of your people and spraying you with agent orange didn't clue you in on how evil they are? If you have any sense you would ally with China and help them defend the south china sea from these satanic jewgolems

I’ll see you morons in 8 years when this country is completely bankrupt and owned by China and the EU.

I spend money with you. Now you spend what you made with me

Absolute retardation.

China is also not a friend, they are as insidious as the jews.

Maybe, but you don't have a choice. It's either shit, or get off the toilet. So who's the retard?

But I didn't skip my breakfast

GOOKS

refuse to spend dollar on US products

Why they should? They are 3rd world monkey country, retard.

You don't know how many Vietnamese China killed

Ok, then just accept your tariff.

So who's the retard?

You, I've seen your other posts. You're dumb as fuck unironically

Don't think I do not appreciate your kind words, bro. Thank you.

You are the one paying the tariffs with the overprice on the product, dumb NPC.
Taxing the rich will NEVER work.

Vietnam has lax enforcement of Made in Vietnam products. Also, Vietnam still has a communist government.

Anon, Vietnamese people make $200 a month. What the fuck are they going to buy from Americans? They're going to spend their entire month's pay on a pair of New Balance?
Vietnam's trade-weighted MFN tariff average is 5.1% (the rate it uses for other WTO members such as the United States). You really need stop looking at that trade deficit chart and thinking those are tariff numbers. It makes you look like a complete moron.

if tariffs don`t work why do so many countries have tariffs on america to begin with

There's a reason those countries are poorer than we are. Emulating the economic policies of entities who are less successful than we are maybe isn't the brightest move, but I'm clearly not talking to the brightest people here.

South china sea

That's our East sea
My grandfather and father had been fishing there for 50 years and many year before that
The China came in like 10 years ago and started predatoring,now they completely control it,attack and confiscate any boat that's not them

absolute retardation

MAYBE

I laughed hard.

you don't have a choice

Yes,we do: buying products to literally any other country, stupid tool.

if you're a wall street/silicon valley/Hollywood/government employee Jew who has bled the white working class dry and oppressed it for half a century then guess what? You get to lick the American boot too!

Americans lick the Jew boot though, many examples

Swissbot is coming around to the idea of tariffs? That took less than a week. The developers have gotta be shitting bricks. Psy war combatants continue to eliminate high value targets

The point is the same. It's a good thing for dollars to change hands between the US and Vietnam anyway because the US likes having its currency used. It would be catastrophic for the US if everyone decided to stop using dollars.

When the US buys cheat goods from Vietnam it isn't getting 'ripped off' or 'cheated' because they're getting the goods in return. A trade imbalance doesn't make the person buying a product 'lose' anything.

cheap*

No one cares, anon. The US is about to bomb another few million Iranians into their Kingdom Come. Who gives a fuck about some shitholer making a few bucks a month? I'm not saying it's correct or ethical. Just stop selling to the US, which they should have done decades ago. Dance with the devil and get fucked. It's deserved.

make USD reserve cirrency of the world

complain when countries hold onto reserve currency after trading

BRICS gives you an out by becoming new global reserve currency

chimp out and threaten 100% tariffs on every BRICS nation

Retarded mutts lmao

doesn't matter

You wete the one who said it did, lil bro.

find something

No. Why would americans have to produce shit for Vietnamese scum, retard.

Anything that has the potential to destroy globohomo is wholeheartedly supported by me.

Yeah go ahead and be the next ukraine for america, dumbfucks. This level of stupid doesnt deserve to live

I'd rather have my assed raped by orangeman than chinks
Lesser evil and all that

Keep on dancing with the devil, monkey bro. I guess they didn't napalm you enough. Kek.

who gives a fuck about some shitholer making a few bucks a month?

You. In your post. By asking them to spend the same amount of money on US products made for americans and not vietnamese shit, you absolute moron.

completely retarded

completely immoral

There it is, the satanic ameritard shows you his true face

be Switzerland

drop all tariffs on USA not long ago

agree to buy F35 to reinforce relationship with US

get hit by one of the biggest % tariff

I already knew you were cucks but this is too much

I'm not the women and homosexuals that govern my country, bro. Fuck em.

Maybe cry more? If it helps.

Are you sure you aren't Chinese?

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let me tell you about your own country

Just shut the fuck up please, mountain monkey. We kicked every invader out throughout our country's existence. The peak of yours is avoiding being raped by Hitler during ww2 because he didnt want to bother

Owner died, dog got sent to shelter, adopted by furries/trannies that dyed the dog fur pink again

rip doggo

There's a reason those countries are poorer than we are

it`s literally every single country though has tariffs including the united states and its been that way since the dawn of time. if tariffs are purely self destructive then why is there not a single country on earth that doesnt use them

USA please come back and nuke us. I don't care if I die

Yes, definitely lack of napalm. Or agent orange. But, guess what? Agent orange is back. And he's fucking pissed. Kek.

He has seen some shit, look at his eyes

America willingly wanting to lose their world currency status is the most retarded thing they ever done

since when is carhartt a trendy lefty brand?