In an interview with Fox News on Sunday, White House economic advisor Peter Navarro said the tariffs set to be announced this week would be one of the biggest tax increases in American history—while also promising the exact opposite.
"The message here is that tariffs are tax cuts," Navarro told Fox News' Shannon Bream in response to a question about President Donald Trump's apparent lack of concern over how tariffs could hike the price of cars.
But that's not the message that Navarro had delivered just moments earlier, when he touted the revenue-generating potential of the new tariffs, which Trump has threatened to impose later this week.
