President Trump\'s trade advisor Navarro Tuesday estimated the United States is transferring around $1 trillion of US assets abroad each year due to its trade deficits, adding that the EU is sticking the US with a VAT tax, and refusal to purchase American cars.

<div class=\"default-font-wrapper\" style=\"line-height: 1;font-size: 12pt; font-family: Verdana, Geneva, sans-serif;\">President Trump\'s trade advisor Navarro Tuesday estimated the United States is transferring around $1 trillion of US assets abroad each year due to its trade deficits, adding that the EU is sticking the US with a VAT tax, and refusal to purchase American cars.</div>