> The Ryan plan would hit imports with a 20-per-cent tax while exports would enjoy a 20-per-cent tax subsidy. 

So in other words, we'd have "Free Trade" with the U.S. involving a 20% tariff on goods sold to the U.S. and the U.S. would be allowed to give its exporters a 20% subsidy.

Why on earth would any country other than the U.S. agree to such a deal?