EU firms too pay VAT, so no, it isn't somehow equivalent to VAT. These investments and purchases look bad, and are bad, but the really bad things is the non-re

EU firms too pay VAT, so no, it isn't somehow equivalent to VAT. These investments and purchases look bad, and are bad, but the really bad things is the non-reciprocal tariff, which makes it impossible to invest in EU production that can scale.