Peter Navarro

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Last quote by Peter Navarro

There is no question that we need a border adjustable tax of some kind, one that has to be flexible. It is one of the options that's on the table. You should not take it from me that that's the option we're going with but I'm not going to exclude that option.
Feb 03 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Peter Navarro is associated, including Donald Trump, China, and tax. Most recently, Peter Navarro has been quoted saying: “Germany – one of the worst actors in the international environment, when it comes to the [value-added tax] because what they've done is strategically raise that to 20 percent. Whereas Japan is much lower. They're sticking it to us. When they send us a BMW or Porsche into our markets, they basically rebate the VAT to those manufacturers like a subsidy and if we try to sell them a Ford or a Chevy, they slap on the VAT. That's not going to happen under a Trump administration.” in the article Turbulence is hitting the US dollar, but here's the direction strategists see it going. An other article where Peter Navarro has been quoted is Euro spikes after Trump's trade adviser says Germany is using 'grossly undervalued' currency.
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Peter Navarro quotes

A rapid acceleration of growth also leads to a significant reduction of our debt burden relative to GDP, and when Mr. Trump's spending cuts are added the plan achieves full revenue neutrality.

AT&T, the original and abusive 'Ma Bell' telephone monopoly, is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal because it concentrates too much power in the hands of the too and powerful few.

Penn Wharton's tax, immigration and Social Security simulators provide access to fact-based information that allows people to decide for themselves what initiatives are best for the country's future.

Trump is the art of the deal. If anybody can sit in a bipartisan basis and push things through, it's going to be Donald Trump.

That skews against Republicans because of course [with] tax cuts, you get tax reductions. When you include the positive offsets from energy, regulation and trade, it's revenue neutral and you get twice as much growth as Clinton, millions more jobs.

Trump wants to cut taxes, reduce regulation, unleash the energy sector, eliminate our trade deficit by increasing exports, reducing imports. Everything about that pushes towards growth.

He's a formidable, well-prepared candidate with a formidable, well-prepared team.

Those are jobs that could be here in Michigan if we were sensible about tax policy, tariff policy, trade policy.

In Moody's world, stronger foreign immigration' pushes up productivity but doesn't push down wages, the 'negative employment affect [sic]' for a higher minimum wage is 'modest,' tax hikes do not reduce the spending of higher income individuals, and her plan will result in only a 'modest increase in the federal government's budget deficits.' No reputable economist would sign on to these fantasies.

Here's the central point to understand: The White House has been utterly and completely soft on China's illegal trade practices. The status quo is the worst of all possible worlds for the United States.

The Moody's report is a partisan document that fundamentally lacks credibility. It is based on flawed assumptions that the authors admit 'are our own,' and these assumptions grossly misrepresent the Trump campaign's policy statements on the economy, trade, tax reform, and immigration.

Under the threat of Trump's countervailing tariffs, Chinese leaders realize they no longer have a weak leader in the White House, and China ceases its unfair trade practices. In this scenario, American's massive trade deficit with China comes peacefully and prosperously back into balance over time. Both the U.S. and Chinese economies benefit while workers' rights improve along with the global environment.

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