Peter Navarro on inflation data: Tariffs are tax cuts
CNBC Televisionยท2025-08-14 19:00
It's the foreigners, the exporters who are heavily dependent on this market. And we see this clearly in the data. We saw it clearly uh from the first term.I we've think about it now. We've collected over a hundred billion dollars in tariffs already. We've had zero inflation from that.And and what happens is look, it's like if if Germany or China or India is heavily heavily dependent on the US market and tariffs go on, they've got a choice. They either can't sell here if they raise prices or sell less or the ...