Peter Navarro: EU to reduce its Netariff Barriers including VAT
| Navarro said on the BBC’s air that EU’s willingness to negotiate with Trump to reduce customs duties is « good but a little beginning ». Non-tariff barriers, which also include food safety regulations, are « many more important » than customs rates. |
Navarro commented after European Commission President Ursula von der Layen He said at a press conference in Brussels that the EU was ready to negotiate an agreement « Zero duties » on industrial goods. EU ministers have agreed to prioritize negotiations before the imposition of responding measures.
Trump’s duties will slow the euro area by up to 1%
« I would say to the EU: When you make such statements, be so good and say it clearly that you will reduce your non -tariff barriers, » Navarro said.
EU, remove your 19% VAT. EU, respect the decisions of the World Trade Organization (WTO) that give us the right to sell our pork, our corn, our beef in EU countries.
Peter Navarro. The White House Sales Advisor
Navarro is one of the main « architects » of the large -scale large -scale policy of Trump’s customs changes. He stated that Netariff Barriers are a problem for the US trade with many countries including Vietnamwhich has a growing trade surplus with the United States because of the displacement of supply chains from China.
| « So when you ask if we are ready to negotiate – the president is always ready to listen, » Navarro said. « But let’s find out where the problem is when it comes to Vietnam. If they tell us that they will remove duties to zero – this does not mean anything to us, because it is the non -tariff fraud that is important. » |
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Navararo defended the methodology of the White House Economic Advisers Council to calculate 46% duty on Vietnamese goods and 20% on EU goods.
According to him, the methodology is « fully justified », although it was ridiculed by economists as simply an arithmetic division of the commercial surplus of a country with the US on the value of its export to the United States.
