Trump trade guru Navarro says Vietnam’s zero-tariff offer ‘means nothing’ because…
#1

https://fortune.com/2025/04/07/trump-tra...s-nothing/
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#2

He says Vietnam's shrimp exporters are a problem. Vietnam's 10% VAT and other nontariff barriers make it difficult for US shrimp producers to compete.
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#3

Trump wants all trade deficit to be converted to 0% 100-year Tbills lah. That will totally wipeout the debts in USA and for America to be great again. He is looking for suckers out there to accept his terms.
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#4

(08-04-2025, 10:49 AM)theold Wrote:  He says Vietnam's shrimp exporters are a problem. Vietnam's 10% VAT and other nontariff barriers make it difficult for US shrimp producers to compete.

That’s not important, the trade deficit in Vietnam-US trade is $123 billion, Vietnam has to make an effort to reduce it to zero to make Trump happy.
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#5

The problem is that the world depend on USA to spend so they cannot switch gear unless their own economy takes a hit. One way to stop USA's nonsense is for the world to proceed without USA, ie totally cut them out from exports and imports. But no unity is ever possible for this world.. lol
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#6

At this stage I don't even think Trump cares about nebulous things like effective tariff rates, manufacturing jobs back home and trade surpluses. He's already gone all-in i.e. risk everything including national stability and political lifespan when he messed with ordinary American's basic sustenance and rich tycoon's net worth.

The guy has a very limited period of leeway before the whole thing turns turtle. He is going to need super major wins to convince people back home his maximum pressure strategy has paid off by raiding the larders in other countries.

Problem for the guy though is everyone can see that as well, that's why the default strategy most people are doing now is sending teams to negotiate offering bits and pieces of concessions here and there dragging him out along the way.

If it continues like that don't say powerhouse China, skali even someone like Vietnam and Mexico haven't go down he himself crash first.
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#7

(08-04-2025, 11:12 AM)Ineedhelp Wrote:  The problem is that the world depend on USA to spend so they cannot switch gear unless their own economy takes a hit. One way to stop USA's nonsense is for the world to proceed without USA, ie totally cut them out from exports and imports. But no unity is ever possible for this world.. lol

You should cease commenting about such matters

You dun have the intellect, let's face it

USA Trump may be playing 4D chess but China is playing Go
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#8


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#9

Elon musk called him "a sack of bricks".
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