Tags
China, currency manipulation, Making News, Obama, protectionism, subsidies, TPP, Trade, Trans-Pacific Partnership, value-added taxes, VATs
I’m pleased to announce that Marketwatch.com has just published a new article of mine on President Obama’s proposed Trans-Pacific Partnership trade deal. It argues that the Pacific Rim agreement will be worse than useless for the United States unless it closes a loophole created by value-added tax (VAT) systems that are at least as protectionist as currency manipulation. Click on this link to read.