486K views · 607 reactions | VAT or Value Added Tax is a consumption tax applied to the purchase price of goods and services. GST stands for Goods and Services Tax and it is a consumption tax that is imposed upon the cost of goods and services. Both GST and VAT are taxes that share the same characteristics but have different names. | 2000-2024 | Proprogress Philippines | Facebook

22K views · 120 reactions | Tariff rates vary by country, as does the value of goods each nation exports to the U.S. Which countries contribute the most?  This Markets in a Minute animated graphic, created in partnership with Terzo, breaks down which countries generate the most U.S. tariff revenue through imports under the new rates. https://www.visualcapitalist.com/sp/ter-01-u-s-tariff-revenue-by-country/ #ter01 | Visual Capitalist | Facebook