The examples of nontariff "cheating" cited by Navarro included Chinese products routed through Vietnam, intellectual property theft and a value-added tax.
You sell something for 20€, you put on VAT to that and that’s the total price paid by the buyer.
I feel like I’m taking crazy pills, I’m not even opposed to the idea of a VAT or a country incentivizing local production, but I feel like I’m being led in circles trying to understand what it actually is
I can definitely see the issues sane, adult and usually well educated EU officials encountered when they were trying to explain VAT to a bunch of cretins Trump employed.
Ok I did… Someone else told me
I feel like I’m taking crazy pills, I’m not even opposed to the idea of a VAT or a country incentivizing local production, but I feel like I’m being led in circles trying to understand what it actually is
I can definitely see the issues sane, adult and usually well educated EU officials encountered when they were trying to explain VAT to a bunch of cretins Trump employed.