Free market zone between US and Europe
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URL: http://www.CorrectCraftFan.com/forum/forum_posts.asp?TID=28986
Printed Date: January-14-2025 at 5:28am
Topic: Free market zone between US and Europe
Posted By: Kristof
Subject: Free market zone between US and Europe
Date Posted: February-14-2013 at 7:29am
So I read in the paper today that Obama, Barroso and Van Rompuy are working on what they call the biggest economical deal ever...
The plan is to create a free market zone between the US and Europe.
I for one am happy with this idea. It will make it easier and cheaper to get the parts I need for my boat! Not having to pay extra taxes and customs anymore
Your thoughts on this?
------------- - Gun control means: using BOTH hands! - Money doesn't make one happy, but when it rains cats and dogs, it's still better to cry in a Porsche than on a bicycle...
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Replies:
Posted By: lewy2001
Date Posted: February-14-2013 at 9:18am
Kristof, Australia has had a free trade agreement with the US for a number of years now. There is no import duty or extra taxes on US manufactured and sourced goods. Our standard GST (Goods and Services Tax) still applies this a 10% nationwide tax on all purchases and is included on all advertised prices unlike the US and Canada.
Most Internet purchases sneak through without this but our retailers our now lobbying the Government to apply it to all Internet purchases. This will help local retailer's remain competitive with overseas sellers.
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