The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...

Understanding value-added tax can seem tricky ... who cannot reclaim VAT on purchases. Editor's note: This article was produced via automated technology and then fine-tuned and verified for ...

“A VAT tax is a tariff,” Trump told reporters Thursday. That’s not true. A tariff is a tax on imports, while the VAT is simply a tax on all domestic consumption, regardless of where the good ...