- White House senior counselor for trade and manufacturing Peter Navarro said in an interview that Vietnam’s offer for 0% tariffs on U.S. imports “means nothing.” He added that getting rid of tariffs on the U.S. is just a start and shifted the emphasis to nontariff trade barriers and other issues that would require major internal shifts in target countries.
Vietnam scrambled to offer no tax on U.S. imports after President Donald Trump hit the country with 46% tariffs, but that move wasn't enough for Trump trade counselor Peter Navarro, who accused it of “cheating” and increased the expectations for countries targeted by new tariffs.
