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As Trump readies reciprocal tariffs, economists say 'value-added taxes' aren't a trade barrierValue-added taxes are a tax on domestic consumption ... wrote in a 2019 paper for the National Bureau of Economic Research.
Mr. Trump has cycled through numerous rationales for tariffs: They will raise revenues, with foreigners footing the bill.
Goldberg, Ray A., and Kerry Herman. "Nestle's Milk District Model: Economic Development for a Value-Added Food Chain and Improved Nutrition." Harvard Business School Case 906-406, November 2005.
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