Puerto Vallarta News

Puerto Vallarta News

Trump Wrong on Mexico’s VAT

Trump Wrong on Mexico’s VAT

President Donald Trump wrongly said that “nobody from this country knew” about Mexico’s value-added tax until after NAFTA was signed. A deputy U.S. trade representative at the time NAFTA was put in place said: “US policymakers, embassy officials and tax authorities were fully aware of Mexico’s VAT system.”The president also claimed that the VAT tax put the U.S. “16 points behind, before we even started.” The former trade representative, as well as several economists and tax experts, told us the VAT is not . . .

Related Posts

Cabo bike zipline

Cabo bike zipline claims Guinness record at 339 meters

Cactus Tours says its Sky Bikes ride in Cabo San Lucas is now Guinness-certified at...
puerto vallarta airport

Puerto Vallarta flights to San Diego and St. Louis in 2026

Puerto Vallarta flights to San Diego and St. Louis start in March 2026, adding new...
Puerto Vallarta New Year

Puerto Vallarta New Year party lights up the Malecón

Puerto Vallarta New Year festivities return to the Malecón on Dec. 31 with mariachi, cumbia,...
Tren Interoceánico

Interoceanic train derailment leaves 13 dead in Oaxaca

Interoceanic train derailment in Oaxaca left 13 dead and 109 injured. Officials say 44 remain...