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BumRushDaShow

(157,302 posts)
Tue Jul 8, 2025, 09:25 AM Jul 8

Working very well:' Peter Navarro says Trump's tariffs are benefiting the American consumer

Source: Scripps News

Posted 9:38 PM, Jul 07, 2025


President Donald Trump announced new blanket tariffs on a slew of countries Monday, coming with a new deadline added to the calendar of August 1st. That's when countries that are unable to work out a trade deal will face higher rates that the president announced back in April.

White House senior counselor for trade and manufacturing Peter Navarro spoke with Scripps News about the latest changes to President Trump's U.S. tariff policy.

"What we're finding, which is so interesting, I think to the American people, is that these countries around the world which we run large trade deficits with, have it so good sticking it to us that they're reluctant to give up that advantage. So what the president is doing with these letters is basically saying, 'well, here's what we're going to charge you for the privilege of entering our market.'"

"The good news for the American people is the process is working very well. We're collecting billions upon billions of revenues from the tariffs already. They are being used essentially to give you things like tax cuts and it's just going to get better and better as these deals get unfolding."

Read more: https://www.scrippsnews.com/politics/the-president/working-very-well-peter-navarro-says-trumps-tariffs-are-benefiting-the-american-consumer



He is the architect of the erratic and market-manipulating trade policy.
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NBachers

(18,761 posts)
1. When I get to work this morning, I've got a pile of new price tag changes on my desk. I've got to spend my time
Tue Jul 8, 2025, 09:28 AM
Jul 8

painstakingly going from item to item and changing the price tags. I'll be replacing the ones I put up with increased prices back in June. And so it goes.

bucolic_frolic

(51,623 posts)
3. Working well for those who get fat tax cuts
Tue Jul 8, 2025, 09:30 AM
Jul 8

The rest of us will never see break-even on the horizon.

CrispyQ

(40,029 posts)
5. I don't want a fucking tax cut. I want Medicare for All.
Tue Jul 8, 2025, 09:41 AM
Jul 8

I can hardly read the news anymore it infuriates me so badly.

I was going to update the interior of my house & doors have gone from $200 to $250 since January. I need nine of them. How do maga read this & think "Yeah, he's right. These tariffs are good."

FredGarvin

(681 posts)
6. No one takes this clown seriously
Tue Jul 8, 2025, 09:41 AM
Jul 8

The dude has zero cred and relies on coverage to pay his bills.

Just another actor

William Seger

(11,739 posts)
8. The faux-king idiot does.
Tue Jul 8, 2025, 09:53 AM
Jul 8

Navarro may be the one who convinced him that other countries pay tarrifs and that a trade deficit means they are cheating us. Fuckwits, both.

BumRushDaShow

(157,302 posts)
10. 👆👆👆THIS 👆👆👆
Tue Jul 8, 2025, 10:04 AM
Jul 8

Navarro is the "tariff" man.

Peter Navarro: the economist who has outsmarted Elon Musk and has the ear of Donald Trump

US president’s chief trade adviser is intellectual driving force behind global tariffs and trade war with China


Mon 21 Apr 2025 04.00 EDT


Elon Musk called him “dumber than a sack of bricks” but, in the raw contest for political power, Peter Navarro has outsmarted the billionaire. The tumult in global trade shows that for now it is the 75-year-old economist, not Musk, who has Donald Trump’s ear in the Oval Office. Navarro is the US president’s chief trade adviser and the intellectual driving force behind the global tariffs and trade war with China. The chaos and uncertainty have been too strong even for Musk, the great disrupter, but Navarro’s silky mien still assures the US all is well.

Even after the tech tycoon publicly compared him to a sack of bricks, and added that he was “truly a moron”, Navarro retained his composure. “I’ve been called worse,” he told NBC. That is true. Navarro has been called a charlatan and a criminal who risks driving the world economy off a cliff. It is a remarkable metamorphosis for a man who a decade ago was a little-known academic nearing retirement at the University of California, Irvine, a respected, stolid institution in Orange County.

Then the professor’s hawkish views on China caught the eye of Trump’s 2016 presidential campaign and vaulted him to Washington, where he played key roles in economic policy, the Covid pandemic and the attempt to overturn the 2020 election, a vortex that landed him in jail – for contempt of Congress – only for him to re-emerge, more influential than ever, in Trump’s second administration.

(snip)

Now back in the White House as Trump’s senior counsellor for trade and manufacturing, Navarro’s influence has been felt in tariffs, stock market volatility and grim economic warnings despite a pause in the most severe tariffs for 90 days.

(snip)

Bayard

(26,152 posts)
16. A hundred rec's
Tue Jul 8, 2025, 12:46 PM
Jul 8


No one will ever get on Fox and explain, in plain MAGAt language, how tariffs work.

muriel_volestrangler

(104,219 posts)
11. Combined tariffs and tax changes made the bottom 80% of people worse off
Tue Jul 8, 2025, 10:08 AM
Jul 8


https://budgetlab.yale.edu/research/combined-distributional-effects-one-big-beautiful-bill-act-and-tariffs

That was mid-June rates. The black dot is the combined result - those in the 80-90% range (so pretty well off, but not millionaires) come out marginally in front. Only the truly rich in the top 10% do well - make out like bandits, in fact. The above is in percentage terms, but show it in dollars per household, and you see that the bottom 80% are just being forced to hand money to the top 10%:

snowybirdie

(6,228 posts)
12. If that's true
Tue Jul 8, 2025, 10:39 AM
Jul 8

How come my usual beer order for hubby is 24 cans of imported Mexican beer has been $24.00 a case. Today, it'll cost $35.00, if I ordered it. Yuengling a home grown beer, is $22.00 a case. He measures the cost of tariffs by the cost of beer!

BumRushDaShow

(157,302 posts)
19. Yup
Tue Jul 8, 2025, 04:10 PM
Jul 8

and I haven't bought any since but that was one of the "local" ones that bubbled up out of obscurity when Schmidt's went bye bye -



Warpy

(113,745 posts)
15. Yeah, we already know his defining characteristic
Tue Jul 8, 2025, 12:24 PM
Jul 8

is his ability to walk around with his head stuffed up FDJT's ass.

Why anyone bothers to quote him is a mystery.

jgmiller

(592 posts)
20. One day there should be a study of what went wrong in the brains of all of these people
Tue Jul 8, 2025, 04:41 PM
Jul 8

Navarro in particular worked in the peace corps and championed causes for the working poor earlier in his life, he also wrote a paper in 2000 saying wind energy was good for the economy and the climate. All of these sound very progressive yet at some point he flipped and became as dumb as a bag of bricks. This theme carries across many (not all) of Trump's supporters and appologists. What broke in their brains that they now have joined the cult of stupidity?

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