When he unveiled his worldwide tariffs last week, President Trump blamed “exorbitant VAT taxes” among the factors for America’s yawning trade deficit. The president and his advisers claim ...

The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system started. By Jenny Gross and Keith Bradsher Jenny Gross reported from ...

If you've ever passed through airport customs overseas and been refunded a VAT — or value added tax — for souvenirs, you've benefited from the VAT system. But President Trump says VAT is unfair to the ...