... spark recession 引起经济的萧条 border-adjustment tax 边境调整税 send the world into a recession 让世界陷入经济萧条 ...
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The border tax adjustment would amount to a prohibitive tariff of 26% on China's exports and 20% on India's.
关税调整可能意味着对中国26%出口商品的和印度20%的出口商品将面对抑制性关税。
Under the framework of GATT, export objects that allowed for border tax adjustment can only be indirect tax, while indirect tax is not allowed for border tax adjustments.
在GATT的框架下,出口边境税调整的允许对象只能是间接税,直接税是不允许进行边境税调整的。
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