They're all nuts.
Might as well go out with guns a-blazin'.
Musk is a free-trader who is not down for the tariff struggle.
They're making it impossible for the world, which will end up trading with everybody except us.
... A value added tax is a system used by many countries around the world and is in some ways similar to sales taxes in the U.S. The Trump administration’s argument that the tax should count as a trade barrier is not widely accepted.
“We have tried at the World Trade Organization since the 1970s to get VAT-tax relief, and they’ve told us no every single time,” Navarro said Monday.
The trade adviser also said Monday that the value added tax would be an issue in any negotiations around tariffs with the European Union.
... “A PhD in Econ from Harvard is a bad thing, not a good thing. Results in the ego/brains>>1 problem,” Musk wrote in one post. (Navarro earned a PhD in economics from Harvard in the 1980s.)
The Department of Government Efficiency head replied to another user’s comment on the video lauding Navarro’s explanation, writing of the economist: “He ain’t built shit.” ...
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this was subsequently deleted by Musk |
WASHINGTON — The Justice Department wants former Trump White House
adviser Peter Navarro to spend six months behind bars after being convicted of criminal contempt of Congress for ignoring a subpoena. ...
“The Defendant chose allegiance to former President Donald Trump over the rule of law,” prosecutors wrote in Thursday’s sentencing memo.
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