No explanation from White House why tiny Aussie island's tariffs are nearly triple the rest of Australia's
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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.
They're just setting the tarriff to half the 'trade deficit' percentage.
Where the actual trade amount is trivial, this leads to ludicrous results.
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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.
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.
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is that nelson mandela
Nope just a Trump supporting piece of right wing shit.
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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.
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
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Someone he doesn’t like personally came from Norfolk Island, I’ll lay odds.
People seem to cracked it.
It looks like he used ChatGPT to create this policy.
And ChatGPT basically calculated that trade deficit is other countries' tariffs. Then he took that value divided by 2 and applied 10% floor.
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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.
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?
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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
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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.
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.
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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.
He probably saw McDonald's island is where McDonald's is huge
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People seem to cracked it.
It looks like he used ChatGPT to create this policy.
And ChatGPT basically calculated that trade deficit is other countries' tariffs. Then he took that value divided by 2 and applied 10% floor.
Seriously?! Lol
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Nope just a Trump supporting piece of right wing shit.
The secret ingredient was hundreds of millions of dollars
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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.
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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.
Trump's child-like mind can only understand win-lose trade agreements. He can't fathom a win-win, or a lose-lose.
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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.
An explanation implies some thought was put in to these tariffs, but instead it was just based on Trump's emotions that day.
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I'm sorry they put tarrifs on uninhabited islands lol
Yet none to Russia, curious?
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The secret ingredient was hundreds of millions of dollars
Money can turn anyone into what they rail against
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Nope just a Trump supporting piece of right wing shit.
Maybe I’m stupid but I can’t find an example of this.
I’ve seen him being critical. I’ve seen him asking the president to have empathy.
I seen one bit back when he was first elected where he said to give him a chance. At that point nobody really knew what he was going to do. We were all hoping he was just being a showman to get elected.
I’m not picking a fight, I’m just genuinely asking for some evidence that he supports Trump because I can’t find it.
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Seriously?! Lol
This comment has even question that would provide such answers:
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Yet none to Russia, curious?
Trump’s mouth is Putin’s cock-holster. It’s not really all that curious.
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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.
My personal guess (just a guess, since none of this makes any logical sense) is that he's going to use the very high tariffs on those islands to help him with some creative accounting in showing overall wins when all of this is over. Increasing the pittance that these islands are likely paying us already, let's call it turning $100 into $150 - no meaningful benefit to the US, but looks amazing by the percentages.
"See, I tariff'd the whole world for a 5.5 gajillion percent increase in US revenue! I'm a big winner!"
