The Hypocrisy of VATs and Free Trade
VAT is a weapon in the trade war Free Trade Consensus It's about quickly condemning customs duties. It is said that tariffs are bad because they raise consumer prices. They are taxes on consumers. They cause inflationary supply shocks. This orthodox argues that tariffs are harmed by their nature, and their main effect is to […]
Trump Expands Reciprocal Tariff Policy to Include VATs, Non-Tariff Barriers
President Donald Trump announced Thursday that his administration's mutual tariff policies include foreign value-added tax (VAT) and non-tariff barriers. Unfair to our businesses. In a post on X, Trump reiterated his commitment to mutual tariffs, saying that the US imposes obligations equivalent to those imposed on other countries. He said the policy explains VAT and […]