Donald Trump's govt to impose tariffs on Kenya, other countries using VAT system
US president Donald Trump's administration plans to impose tariffs on imports from Kenya and other countries that implement a Value-Added Tax (VAT) system.
Trump details his reciprocal tariff plans, asks foreign countries to 'treat us fairly': 'Deliver RECIPROCITY'
President Trump detailed his proposed trade policy overhaul in an extensive Truth Social post on reciprocal tariffs targeted at the U.S.'s trading partners.
What Countries Have VAT? Map Shows Impact of Trump Reciprocal Tariffs
The White House has insisted that its new tariffs would equalize the ability of the U.S. and foreign manufacturers to compete. The European Union, for example, has an average VAT of 21.8 percent, which Trump administration officials argue puts American companies at a disadvantage​.
Trump argues VAT system regarded as rationale for reciprocal tariff
US President Donald Trump is arguing that value added taxes, or VAT, and export subsidies can also be reasons for Washington to impose what he calls reciprocal tariffs.
Trump promises to target VAT systems, putting 175 countries on notice
President Trump said Saturday the U.S. will treat value added tax (VAT) systems the same as tariffs, for purposes of helping to calculate the reciprocal levies on other countries he ordered earlier this week.
Trump reveals new tariffs on allies in war against countries with VAT
President Donald Trump has revealed in a long post on social media that the US intends to impose matching levies on countries that impose VAT on imports.
Trump plans to impose new US tariffs on countries with value-added taxes
President Trump on Saturday announced that value-added tax systems in other countries will be treated like tariffs — and included in his new plan to impose US levies to match. “We will consider countries that use the VAT System,
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US President Donald Trump is escalating his global tariff and trade war, this time targeting countries that charge VAT on ...
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Vietnam to impose VAT on low-value express-imported goods
Vietnam will end a previous policy that exempted imported goods valued under VNĐ1 million (US$39.4) from taxes when shipped ...