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re: How many countries has the US signed ne tariff agreements?
Posted on 4/21/25 at 3:20 pm to Jorts R Us
Posted on 4/21/25 at 3:20 pm to Jorts R Us
quote:
Japan/1996/shochu
So a case study (in Japan) where FOREIGN businesses were claiming discrimination at the hands of the Japanese.
So, not relevant to this (at all).
What point did you think that you were making?
1
Posted on 4/21/25 at 4:02 pm to jimmy the leg
quote:
So, not relevant to this (at all).
How is it not relevant? It's your hypothetical.
This post was edited on 4/21/25 at 4:03 pm
Posted on 4/21/25 at 4:41 pm to Jorts R Us
quote:
So, not relevant to this (at all).
quote:
How is it not relevant? It's your hypothetical.
No - it isn’t.
Quite the reverse actually.
Posted on 4/21/25 at 4:48 pm to jimmy the leg
quote:
No - it isn’t. Quite the reverse actually.
How is it the reverse?
Posted on 4/21/25 at 6:03 pm to Jorts R Us
The origin and application of the VAT.
Posted on 4/21/25 at 6:15 pm to jimmy the leg
quote:
The origin and application of the VAT.
Your hypothetical supposes that a VAT can be weaponized as a de facto tariff. In your example, Germany exempts its domestic products from VAT while imposing a VAT on US imported goods. In other words, the VAT regime favors the domestically produced product over the import. Japan's liquor tax system pre 1999/2000 did just that--discriminated in favor of the domestic product over like-kind imports. It was challenged and Japan overhauled their liquor tax regime to be tax neutral.
How is that an irrelevant counter to your argument?
Posted on 4/22/25 at 5:38 pm to Jorts R Us
quote:
In your example, Germany exempts its domestic products from VAT while imposing a VAT on US imported goods.
They could, regardless of what the WTO says.
quote:
In other words, the VAT regime favors the domestically produced product over the import. Japan's liquor tax system pre 1999/2000 did just that--discriminated in favor of the domestic product over like-kind imports.
Okay.
quote:
How is that an irrelevant counter to your argument?
It is irrelevant to my argument in that I don’t care if the EU continues to tax itself via VATs. That is THEIR choice.
Removing the option for them to tax the US, while removing VATs on their products (something that they could…and I suggest: would slow okay through the courts) is a logical step.
The EU simply cannot be trusted imho.
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