Yesterday, Fox News reported that the EU charges us a 10% tax to ship cars there, and we charge a 2.5% tax for them to ship cars here.
Which one is stupid?
Oh yeah, but that’s “free trade”. Things have been lopsided too long
You could say that we need a free trade agreement with the EU.
The EU is 7.5% stupider.
I know in Germany they also charge their country’s VAT on all imported stuff. I think it is around 20% and it is added to the import tax. They add around 30% or so to the price of our cars sold in Germany if you include the VAT.
Free trade my furry behind! Again we get screwed in a trade deal and we just accept it. I hope Trump says no taxes for both parties or we charge the same as you.
I heard last fall we charge a tax on all of our exports, we are blooming, walking, talking morons.