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A comment on Trump temporarily drops tariffs to 10% for most countries. Parent comment

Re:Trump temporarily drops tariffs to 10% for most countries by ks6g10 on Wednesday April 09, 2025 @05:53PM (#43638429)
I think you have the wrong understanding, VAT is applied irrespective of origin, so the same reduction would apply to domestic products.

To simplify,

US product for sale for £100, then VAT would be £20 ( assuming 20% rate)

UK product for sale for £100, then VAT would be £20 ( assuming 20% rate)

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