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To allow free trade of certain goods which your country needs more. This is why tariffs are much more flexible, because they allow you to, let's say, trade oil
by mk89 2y ago
To allow free trade of certain goods which your country needs more.
This is why tariffs are much more flexible, because they allow you to, let's say, trade oil at a cheaper price, while pasta (widely produced in europe) at a higher price.
- cwillu 2y agoThen you would just not tax those goods. We already do this with basic foodstuffs; this has nothing to do with tariffs.
- wqaatwt 2y agoSo what you are suggesting is a reverse tariff? Punish local producers for manufacturing goods that we’d rather import. Well.. that’s an idea.. I suppose..
- the_gipsy 2y agoVAT is never universal, different products already get different rates.
- Zanfa 2y agoVAT doesn't affect free trade in any way though. You're mixing up unrelated concepts.