Article

2025-02-13 India-Pakistan

Trade, tariffs and visas to dominate Trump-Modi talks [next week]

Posted by Skidmark 2025-02-13 00:00|| || Front Page|| [11195 views ] Top

#1 From CNN

"In calculating what reciprocal tariff rate to levy on other nations, he said his administration will be also be taking into account nations with value-added taxes, which he labeled “far more punitive than a tariff.”

Please. VAT is not a tariff, and it isn't pun itive. It's levied on everything a consumer purchases.

Example: If I buy a German car, I pay 19% VAT. If I import a car from the U.S., I also pay 19% VAT (called import tax in that case).

There's nothing "punitive" about it.

Posted by European Conservative 2025-02-13 16:42|| 2025-02-13 16:42|| Front Page Top

19:04 Angomp Angaiting3650
18:51 Angomp Angaiting3650
18:18 Elmerert Hupens2660
18:03 swksvolFF
17:44 AlkFonz
17:13 Airandee
17:10 Airandee
16:58 BrerRabbit
16:19 Elmerert Hupens2660
16:18 SteveS
16:09 Silentbrick
16:02 Silentbrick
16:01 Silentbrick
16:00 trailing wife
15:48 badanov
15:46 ed in texas
15:44 swksvolFF
15:43 Glenmore
15:32 Frank G
15:28 NoMoreBS
15:21 JohnQC
15:07 JohnQC
15:03 JohnQC
14:54 MikeKozlowski