Senior Counselor for Trade and Manufacturing Peter Navarro appeared on Fox News Thursday to discuss how the Trump administration plans to implement “fair trade” for the country, saying the issue shouldn’t be partisan as it benefits all Americans.
Trump announced the “Fair and Reciprocal Plan” on trade Thursday, signing a presidential memorandum that will seek “to correct long-standing imbalances in international trade and ensure fairness across the board.” On “Jesse Watters Primetime,” Navarro said other countries “cheat” the U.S. He said American-made cars are slapped with higher tariffs when sold to outside countries.
“The rest of the world cheats us. They steal our jobs. They steal our factories. They damage our defense industrial base and ultimately steal our national security,” Navarro said. “I want to tell you a little story about the problem we face. You take Europe, right? We run a $230 billion trade deficit, much of it in the auto industry.”
“So think about a Cadillac rolling off the assembly line in Lansing, Michigan, going over Bremerhaven and trying to sell into the German markets. A $50,000 car, when it starts here, goes over there. They slap a 10% tariff on us, which is four times more than our tariff on them. Then they put the VAT tax on, the value-added tax, which acts just like a tariff,” Navarro added. “It’s another 19%. So by the time the Cadillac gets there, it’s $65,000. We had to sell it at $65,000.”
Navarro used BMW as an example, saying that when the car arrives from Germany into the U.S., America only adds a “modest 2.5% tariff,” making the cost around “$51,000.” He said, though, that the “German government rebates their 19% VAT tax,” allowing them to sell their BMWs “for $42,000 versus a $65,000 Cadillac.” […]
— Read More: dailycallernewsfoundation.org
Independent Journalism Is Dying
Ever since President Trump’s miraculous victory, we’ve heard an incessant drumbeat about how legacy media is dying. This is true. The people have awakened to the reality that they’re being lied to by the self-proclaimed “Arbiters of Truth” for the sake of political expediency, corporate self-protection, and globalist ambitions.
But even as independent journalism rises to fill the void left by legacy media, there is still a huge challenge. Those at the top of independent media like Joe Rogan, Dan Bongino, and Tucker Carlson are thriving and rightly so. They have earned their audience and the financial rewards that come from it. They’ve taken risks and worked hard to get to where they are.
For “the rest of us,” legacy media and their proxies are making it exceptionally difficult to survive, let alone thrive. They still have a stranglehold over the “fact checkers” who have a dramatic impact on readership and viewership. YouTube, Facebook, and Google still stifle us. The freer speech platforms like Rumble and 𝕏 can only reward so many of their popular content creators. For independent journalists on the outside looking in, our only recourse is to rely on affiliates and sponsors.
But even as it seems nearly impossible to make a living, there are blessings that should not be disregarded. By highlighting strong sponsors who share our America First worldview, we have been able to make lifelong connections and even a bit of revenue to help us along. This is why we enjoy symbiotic relationships with companies like MyPillow, Jase Medical, and Promised Grounds. We help them with our recommendations and they reward us with money when our audience buys from them.
The same can be said about our preparedness sponsor, Prepper All-Naturals. Their long-term storage beef has a 25-year shelf life and is made with one ingredient: All-American Beef.
Even our faith-driven precious metals sponsor helps us tremendously while also helping Americans protect their life’s savings. We are blessed to work with them.
Independent media is the future. In many ways, that future is already here. While the phrase, “the more the merrier,” does not apply to this business because there are still some bad actors in the independent media field, there are many great ones that do not get nearly enough attention. We hope to change that one content creator at a time.
Thank you and God Bless,
JD Rucker
