alt Hacker NewsIf anyone needed any more evidence that they don't know what they're doing, what I find interesting is that the various French overseas territories that are part of the EU are tariffed at different rates than the rest of the EU (treating those as separate countries is traditional for any US company, which is sometimes a headache when you want to order something).
Réunion is at 37%, which isn't a problem because any company in Reunion could just use an address on mainland France, but there's more: Guadeloupe, Martinique and French Guiana are tariffed at 10%.
Does that make an easy loophole for any EU company wishing to export things to the US at a 10% tariff?
If these published rates actually going to be enforced this way, it seems like the whole EU has a very easy way to use the 10% rate.
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If exploitation of the "loophole" got to the point where it starts affecting trade balance then presumably the rate would be revised fairly quiclly.
Are those part of the EU? The whole membership of EU (or more precisely European institutions) is a mess and I really only know EEA, Schengen and Eurozone by heart. But there definitely are territories which are part of e.g. France, but not part of the EU
Let’s not assume they actually want a growing economy, I don’t think GOP voters want a growing economy.
French Guiana is part of the EU, sounds like mailboxes there will soon become good business.