- Aug 23, 2021
- Reaction score
Taxes and tariffs - governments weapons of horror. I know that our trade with China starting in the 80s had grown so imbalanced in their favor - when Trump imposed tariffs on their goods all hell broke loose. But - this was something Carter or Reagan should have started 40+ years ago. It is sad that parts of the world have a more difficult time receiving goods because of bureaucratic BS and high tariffs / taxes.This is not the place for a whine about the Eu so I deleted it.
Yes it is a nightmare.
There are some great elements to it but at a cost, the common standards being the element that allows free trade within members and incoming goods having to meet those standards.
This is why the USA keeps putting tariffs on EU goods, but more flows into the EU from the USA than from the EU to the USA so they have more buying power