As Trump readies reciprocal tariffs, economists say ‘value-added taxes' aren't a trade barrier
Value-added taxes” are a common type of consumption tax used worldwide. They don’t create a trade disadvantage for the U.S., ...
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How does a VAT work? Here’s why Europe’s consumption tax has Trump vowing reciprocal tariffs
To borrow an example from the Wall Street Journal, say a German bike maker buys steel and aluminum for €50 and sells the finished bike to a shop for €80. The shop is charged a VAT on that € ...