- In today's CEO daily: Shawn tully on American use of non -tax barriers.
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Good morning. For several weeks I have been digging for tax taxes around the world and affecting almost every existing industry. To me, the biggest secret of the Trump tax crusade is this: “Redemption Day” the restorative responsibilities he threatens has been completely rejected from what other nations are charging America for our shipment. In almost all cases, Trump's tariffs are large several times. Is it? How does he justify this great Gulf? The president claims that “we are” disabled “is not for much tariff but” non -tax barriers “(NTBS), such as preferences and technical standards that prevent our products from foreign markets, while we open America to” check “that lock us. But data show different stories. When I dug it, it became clear that America was using the many strategies we have hit the business partners to implement. Here are the leaders who should know about the policies that lead to this chaotic debate:
A very respected guide Where the business policies of different countries stand on the scope from open to restriction is the International Business barrier created by the Tholos Foundation, Washington, DC, consider a tank that focuses on tax reforms and policy research. By 2024, Tholos data set the American economy in the world from the list of 88 countries, based on the number of barriers to the business that each nation sets. In total, we are about 10% above average in general barriers – on a list that has many bad actors.
NTBS comes in a variety of forms. They include practices such as preferences, technical standards, and installation, labeling, licenses, and security requirements. In the 2024 study, the Federal Park of St.
America is a crafted user of the defense tool It is called “tax rate.” Despite its name, TRQ is a tax -free barrier because it does not provide responsibilities. TRQS usually allows goods or goods to enter the country's tariffs to a certain extent, and once the importation hit Bogey, it causes high tariffs, suspends the flow of opponents and imported goods, and implements the preferences set to protect domestic producers. Example above: Sugar Market, where, by law, USDA rules prohibit production to keep lower prices at higher than in international markets. “The American government is the leader of the national sugar carrot,” a Cato Institute's study announced. You can read the full story about how NTBS works and what industries are mostly protected Here. – Shawn Tully
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Contact the daily CEO through Diane Brady to Diane.brady@Fortune.com
This story was previously shown Bahati.com
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