Consider destination-based border adjustment tax as tariff alternative
Navarro notes the Ryan–Brady border adjustment tax proposal as a legislative alternative that would deny import deductions and exempt export income, leveling the field under WTO rules without classic tariffs.
Mandate
Mandate Ch. 26 (Trade) — The Case for Fair Trade (Navarro): beyond USRTA, a conservative Administration might look at a border adjustment tax (as proposed by Ryan/Brady in 2017) shifting corporate tax from origin- to destination-based taxation of imports vs. exports as an innovative alternative to tariffs.
Undo plan
1) Reject destination-based cash-flow / border-adjustment tax proposals that tax imports via corporate-income redesign.
2) Keep origin-based corporate tax base without import nondeductibility / export exemption schemes tied to trade balancing.
3) If enacted, repeal border-adjustment provisions and restore prior IRC treatment of COGS and foreign sales.
4) Separate genuine tax reform from trade-deficit targeting tools.
5) Verify: Joint Committee on Taxation score and customs/corporate-return audits confirming no import-deduction denial.