White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that’s nearly impossible.

Peter Navarro’s remarks suggest Trump is preparing dramatic new tariff measures for Wednesday, which the president has referred to as “Liberation Day.”

Trump White House senior counselor for trade and manufacturing Peter Navarro said Sunday that President Donald Trump’s tariffs will prove to be “tax cuts” for Americans, a claim that has been disputed by top economists.

Fox News host Shannon Bream challenged White House trade adviser Peter Navarro after he insisted that President Donald Trump's tariffs were "tax cuts." During an interview on Fox News Sunday, Bream noted that Trump had said he "couldn't care less" if car prices increase because of his tariffs.

Trump's reciprocal tariffs take effect April 2, targeting nations like India and the EU. Here's who's hit, and how countries may respond.

A White House adviser's analysis of the impact of President Trump's planned tariffs suggested Sunday that it will be dramatic. Peter Navarro said on Fox News that the tariffs will result in more than $6 trillion in federal revenue over the next decade.

President Trump will follow through on plans to impose 25% tariffs on imported vehicles and auto parts, White House counselor Peter Navarro tells “On Balance,” but he says car buyers would benefit from a tax credit Trump has proposed for consumers who buy autos of “American content.

White House senior counselor for trade and manufacturing Peter Navarro discusses President Donald Trump announcing a 25% tariff on car imports on 'The Will Cain Show.'

White House advisor Peter Navarro claims that President Trump's proposed tariffs will generate $6 trillion in revenue over a decade, describing them as a "tax cut" for Americans. Economists argue that tariffs usually increase costs for businesses and consumers.