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Birdwatch Note Rating

2025-04-05 00:35:16 UTC - HELPFUL

Rated by Participant: 8BD3231801C6E3CBEBEC94F5D3D14C9281657F9908C02DDD7B710F1E4F3020A4
Participant Details

Original Note:

Lutnick is incorrect. VATS are not comparable to tariffs. Local companies in countries with a VAT also have to pay VAT, so it does not put American imported goods at a disadvantage. https://www.bloomberg.com/news/articles/2025-04-03/what-are-value-added-taxes-why-trump-loathes-vats

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All Information

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