Transatlantic Trade Monitor: Facts You Need Now | Demystifying VAT, Duties, and Tariffs: The Trade Taxes Reshaping Global Commerce | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources Demystifying V

Transatlantic Trade Monitor: Facts You Need Now | Demystifying VAT, Duties, and Tariffs: The Trade Taxes Reshaping Global Commerce | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources Demystifying V

By Noa Sussman, Director of Global Solutions, TECEX In today’s increasingly fragmented and protectionist global economy, few areas are more misunderstood — yet more impactful — than trade taxes. Terms like VAT, duties, tariffs, and more recently, duty drawbacks, are often lumped together or misused entirely, even in strategic discussions. But make no mistake: these taxes are no longer just regulatory details relegated to customs departments or a…