What to Know About VAT, the Tax System Used in Europe That Trump Despises

The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system started. Protectionism (Trade), Value-Added Tax, International Trade and World Market, Customs (Tariff), Sales and Excise Taxes, United States Economy, European Union, Trump, Donald J The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system started. NYT > Business

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