[slumber1]

Foreign nations have been taxing our imports for years. We have tried to offset these taxes without imposing our own tariffs. That needs to change.

The Foreign Value Added Tax: Making Our Exports Uncompetitive

In 2001, European countries had a VAT rate of 19.2 percent. By 2005, 94 percent of U.S. exports received a VAT. In the same year, foreign governments received rebates of $239 billion from the tax while collecting $131 billion from U.S. producers of goods and services.

[ari-freedom]

This is the key paragraph. All we get on the WTO is one vote and the rest of the world rolls us over. Either we get the wto to change or we have thos 35% tariff because this is killing our exports!!

“
In 2004 Pres. Bush created new legislation again to offset the VAT. This again led to complaints from the EU – again filing a case with the WTO – arguing export subsidies were provided by the new legislation. In 2006 President Bush and Congress stopped enacting the tax provisions to U.S. exporters, demonstrating how the EU and WTO had successfully usurped the U.S. of its power to promote fair and free trade.