VAT rebated to VAT-paying producers who export to the United States:
$201 billion annually
VAT imposed on U.S. exports of manufactured goods to VAT countries:
$93 billion annually
A BILL to require the U.S. Trade Representative to certify to Congress whether the U.S. has achieved the goals of equitable border tax treatment in WTO negotiations, and, if such goals have not been met, to authorize (1) imposition of a tax on imports from any country that employs indirect taxes and grants rebates of same upon export, and (2) compensatory payments to eligible U.S. exporters to neutralize the discriminatory effect of border taxes paid by such exporters.