Subject: Re: Berkshire and Tariffs
Peter Navarro on CNBC just now, re the EU:
"The bigger problem, by orders of magnitude, is the non-tariff cheating"

Apparently, a Value Added Tax is "non-tariff cheating".

I don't see a way around that. VAT applies to imported and domestic goods and services. The EU can't drop VAT on imports and have a viable economy.