“There is a competitive advantage for America that we cannot prevent, at least for some time,”
How long until the socialists at the U.N. demand that Americans have to pay the same rate as the Europeans because it’s just not fair!
“How long until the socialists at the U.N. demand that Americans have to pay the same rate as the Europeans because it’s just not fair!”
An equalizing tax has been proposed by the UN numerous times. The UN will impose it, collect it and spend it. American business will, of course pay it. This was intended to keep global socialism afloat as until Obamacare everybody else’s products were priced to include their generous benefits. US goods prices were comparatively low.
Several treaties that allow our trading partners to impose tariffs on US products have been passed. I believe the latest small arms treaties is another of these. A murder committed in Belgium is done with a gun bought from Trader Joe’s on the Texas border. The US is taken to court and because the government allows gun buying, trading, etc. we lose. Per treaty our trading partners get to impose tariffs on our goods until we comply with the treaty. This is how the GATT works.