4 ms·
From the point of view of a US company VAT and Tarif are indistinguishable - they make exports 20% more expensive, so US company export less.
by ReptileMan 2y ago
From the point of view of a US company VAT and Tarif are indistinguishable - they make exports 20% more expensive, so US company export less.
- aredox 2y agoIt completely wrong as it applies to local goods too.
- tzs 2y agoNope. The difference is that a tariff only applies to imports, whereas a VAT applies to all sales in the country regardless of whether they are imports or domestic. The former puts imports at a competitive disadvantage. The latter does not.