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You might as well argue that it’s the US tax system that puts the US at a disadvantage regarding exports. Similarly, the relative lack of worker rights in the U
by layer8 2y ago
You might as well argue that it’s the US tax system that puts the US at a disadvantage regarding exports. Similarly, the relative lack of worker rights in the US could be argued to put US producers at an advantage. This is economies competing against each other, but the VAT is applied equally to EU and foreign producers, so it seems really odd to blame the very factor that is actually neutral here.
- firesteelrain 2y agoI am arguing that the US tax system puts them at a disadvantage and the option that Trump has available to him without Congress fixing the perceived trade imbalance is executive action through tariff.