Summary
The U.S. imposed a 29% tariff on Norfolk Island, nearly triple the 10% rate applied to the rest of Australia, with no explanation from the White House.
Australian Prime Minister Anthony Albanese expressed confusion, noting Norfolk Island’s limited economic activity. The territory has a population of about 2,000 and minimal exports.
Other remote territories like Christmas Island and Heard and McDonald Islands also received tariffs, though the latter are uninhabited.
I’m sorry they put tarrifs on uninhabited islands lol
Those uninhabited islands were formed specifically to rip off America!
Yet none to Russia, curious?
Because that island exports 1000 dollars worth of timber (or whatever) to America, but only imports 300 dollars worth of paint (or whatever) from America. Trumps child like brain sees that as them taking advantage of poor old America. The numbers must be equal or better for America or they are being cheated. Even though America needs more wood and the isle folk don’t need any more art supplies. He’s an idiot.
He thinks the trade deficit is a debt between two countries not the difference in trade between them.
Trump’s child-like mind can only understand win-lose trade agreements. He can’t fathom a win-win, or a lose-lose.
They’re just setting the tarriff to half the ‘trade deficit’ percentage.
Where the actual trade amount is trivial, this leads to ludicrous results.
Elon for loop mastery
Other remote territories like Christmas Island and Heard and McDonald Islands also received tariffs, though the latter are uninhabited.
What a weave by a certified stable genius.
Trump’s fucking head is uninhabited yet here he is costing us a lot, so I guess that’s the same as Heard Island tarrifs, right?
Easy.
Someone from that island hurt Trump’s feefees 3 decades ago.
Christmas Island is well known for its asylum camps… and nothing else? Stupid is really the only word.
From wikipedia:
Christmas Island’s geographic isolation and history of minimal human disturbance has led to a high level of endemism among its flora and fauna, which is of interest to scientists and naturalists. … As of the 2021 Australian census, the population of Christmas Island is 1,692.
And there’s a town there called “The Settlement”?
Good pick /s
An explanation implies some thought was put in to these tariffs, but instead it was just based on Trump’s emotions that day.
I assume he was once insulted by Eldon Foote or one of his kids.
Make them broke and offer to buy the land from under them