Do you think the US has VAT?
It doesn't.
Do you think the US has VAT?
Trump wants to deal with individual countries because they are relatively small and weak and likely to give in to US demands. He doesn't like dealing with a strong trading partner (there is only one) and doesn't know how to do it.
US negotiating policy has been described as "we fax them our terms and tell them to sign"
Do you think the US has VAT?
keeping workers in jobs
I don't know the exact figure but what Trump was getting at was that America was not generating enough of its own steel and aluminium and from a national security point of view certain types of steel and aluminium are vital for warships and aircraft.An American car weighs a lot more than an empty beer can.
So does a load of rebar.
How many cents per ton do you forecast?
He's put a 25% tariff on the steel and 10% on aluminium.
high-quality steel for knives, surgical instruments, stainless that doesn't go rusty, screws that don't break, costs extra and often comes from Europe.
Goods and Services Tax
GST
I don't know the exact figure but what Trump was getting at was …
It doesn't.
Whenever I bought stuff in the states 'sales tax' was added at the till.
As I said, the USA does not have VAT.
https://www.quora.com/Why-does-the-US-not-have-a-GST-goods-and-services-tax
I'm not an economist, but if a balance of trade defecit is incurred by cheap imports, then starting to curtail that has to be way forwards?
It's quite different from VAT and does not apply everywhere. or on goods sold from a vendor in one state to a buyer in another.
It's not VAT.