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Comment by nullhole

8 days ago

The bit I love is that countries with which the US has a trade surplus aren't getting the opposite of a tariff (a grant, I guess) on their imports to the US, they aren't getting zero tariffs on their imports to the US, they're getting 10% tariffs.

Heard Island and McDonald Islands, two Australian territories inhabited only by penguins, get singled out for a 10% tariff.

Norfolk Island, an Australian community of 3000 with no exports to the US, gets its own 29% tariff. They're expecting a tourism boost from the publicity.

https://www.theguardian.com/us-news/2025/apr/03/donald-trump...