Comment by rob74
23 days ago
> these are all internal territories of Australia. Why they get separate tariffs is weird.
Probably because they had separate entries in a "list of countries" which they picked as a base for their list? I don't really think there was more thought put into that, especially not for the countries who "only" got the "baseline" tariff of 10%. Interestingly though, Russia seems to have been completely left out, while Ukraine gets 10%.
, while Ukraine gets 10%.
The Orange Emperor has a huge hard on to make Ukraine suffer ever since it led to his first impeachment. Zelenski didn't kiss the ring so down they go.
10% is the hard minimum, nobody has less than 10%, so ergo 10% is actually the most favourable rate.
Even the UK gets 10% which is truly mad given we have balanced trade and tarrifs (if anything the US tariffed the UK more than they did them).
^So essentially MAX(10%,(imports-exports)/imports)
If you look at the full list (available e.g. here https://www.newsweek.com/trump-reciprocal-tariff-chart-20545...), some countries (most prominently Russia) are not on it. Whether that means anything is debatable, but Mexico and Canada, who were explicitly "spared" from these tariffs (but have other tariffs "tailor-made" especially for them), are also not on the list.
5 replies →
Then that list is wildly inaccurate. Norfolk Island hasn’t been an external territory of Australia for some time (about a decade) - it is literally part of the Australian Capital Territory and they vote in the electorate of Bean.
The Trump admin couldn’t arrange a pissup in a brewery.
I've seen a suggestion that they're using ccTLDs.
Which might explain why the British Indian Ocean Territory - population, one US military base - has such a high tariff. The BIOT, aka Diego Garcia, has the ccTLD .io.
In that case, where is the tariff rate for USSR (.su)?