The spat over VAT
The Indicator from Planet Money
Understanding Export Subsidies and Trade Deficits
This chapter examines how export subsidies favor high-margin companies through tax deductions and critiques the Trump administration's VAT-driven trade policy. It also highlights misconceptions about trade deficits and offers a hypothetical example to illustrate the flawed implementation of tariffs.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
