Quote:
Originally Posted by Dowly
So... Trump's masterplan to get Mexico pay for the wall is a 20% tax on products from Mexico.
Erm... what happens if the companies just decide to raise their prices +20%?
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well actually that is the GOP plan, most countries already have a tax on imports. Canada is part of NAFTA, but U.S. goods are still subject to a 13-15% import tax (i.e. GST/HST).
Doesn't Finland have a 24% VAT on imported goods?