White House announces blanket tariffs on effectively the whole world. 175 out of 194 countries have VAT on the US

Posted by EUstrongerthanUS

9 Comments

  1. He didn’t enact tariffs. He signed a memo saying he’s going to maybe some time in the future.

    Total nothing announcement to bait the media into publishing “big strong trump tariffs the whole world!” articles, which they’ve done.

    If these tariffs actually happen, inflation would rise astronomically in the US.

  2. Pretty_Good_At_IRL on

    Seems extremely unlikely that anyone would reduce VAT for American imports, as wouldn’t that effectively be a tax subsidy for imported American goods?

  3. Key_Environment8179 on

    I don’t know what VAT is, but from context, I’m guessing it’s not like a tariff at all.

  4. Isn’t this effectively a VAT for the united states? Aren’t you guys in favor of VAT? This seems good actually.

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