Senior Counselor for Trade and Manufacturing Peter Navarro appeared on Fox News Thursday to discuss how the Trump administration plans to implement “fair trade” for the country, saying the issue shouldn’t be partisan as it benefits all Americans.
Trump announced the “Fair and Reciprocal Plan” on trade Thursday, signing a presidential memorandum that will seek “to correct long-standing imbalances in international trade and ensure fairness across the board.” On “Jesse Watters Primetime,” Navarro said other countries “cheat” the U.S. He said American-made cars are slapped with higher tariffs when sold to outside countries.
“The rest of the world cheats us. They steal our jobs. They steal our factories. They damage our defense industrial base and ultimately steal our national security,” Navarro said. “I want to tell you a little story about the problem we face. You take Europe, right? We run a $230 billion trade deficit, much of it in the auto industry.”
“So think about a Cadillac rolling off the assembly line in Lansing, Michigan, going over Bremerhaven and trying to sell into the German markets. A $50,000 car, when it starts here, goes over there. They slap a 10% tariff on us, which is four times more than our tariff on them. Then they put the VAT tax on, the value-added tax, which acts just like a tariff,” Navarro added. “It’s another 19%. So by the time the Cadillac gets there, it’s $65,000. We had to sell it at $65,000.”
Navarro used BMW as an example, saying that when the car arrives from Germany into the U.S., America only adds a “modest 2.5% tariff,” making the cost around “$51,000.” He said, though, that the “German government rebates their 19% VAT tax,” allowing them to sell their BMWs “for $42,000 versus a $65,000 Cadillac.” […]
— Read More: dailycallernewsfoundation.org
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
