"What is the WTO going to say when we point out that we are taxing imports exactly the same way that we are taxing our own production? Are they going to argue that we should reinstate the preference that our old tax system gave to imports?"
"When it comes to the WTO and making anti-American rulings, nothing is too ridiculous."
You didn't answer my question. Please try again.
More to the point, your argument seems to be that we can't do anything to eliminate the bias in our tax system in favor of foreign producers because the WTO won't let us. Are you sure you want to take that position?
It is a legitimate possibility. The main reason I can see to go to a NRST is that it would make our products more competitive by driving the costs of imports up. Driving the costs of imports up will be inflationary, but it will be a boost to our products. The EU and other countries will respond by changing their tax system and/or fighting the NRST in the WTO. I wasn't saying we can't do anything, but there will be responses by other countries we should consider.