Peter Navarro says Vietnam's 0% tariff offer is not enough: 'It's the nontariff cheating that matters' (www.cnbc.com)

submitted 2 months ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

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[-] freagle@lemmygrad.ml 12 points 2 months ago

LOL, VAT is cheating?

[-] Sdes01@lemmy.ca 7 points 2 months ago

The failing American Empire tries to extort the rest of the world with it's flailing drunken debt filled spending binge.

You can't make this up.

[-] gnuhaut@lemmy.ml 6 points 2 months ago

This is so stupid, what's Vietnam supposed to do? What stuff does America produce that they can export to Vietnam to offset this trade imbalance? The US is basically ruining that country, again. Because what, they stole jobs growing coffee, assembling phones and sewing T-shirts from the American workers? I'm sure the American worker would love to do that at competitive wages of like $200 per month.

Also, imagine this perfectly balanced trade scenario: Vietnam sells coffee to the US, gets dollars, uses these dollars to buy oil from the UAE, and the UAE then uses these dollars to buy American weapons or something. As per the braindead Trump administration, this would be a problem, because it involves a third country.