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How does a VAT work? Here’s why Europe’s consumption tax has Trump vowing reciprocal tariffs

A value-added tax is not a tariff, but Trump blames it for America’s trade deficit with the European Union.

Feb 15, 2025 - 11:12
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How does a VAT work? Here’s why Europe’s consumption tax has Trump vowing reciprocal tariffs
A value-added tax is not a tariff, but Trump blames it for America’s trade deficit with the European Union. Read More
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