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Tariffs? Now You See 'Em, Now You Don't

The Trump tariff story keeps getting crazier. It may seem like ancient history now, but it was just over three weeks ago that Donald Trump gave us …

NewsBiscuit

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2 days ago

Trump hails tariff deal with penguin islands

newsbiscuit.com - deskpilot

Donald Trump has hailed a ground breaking trade deal with the Heard and McDonald Islands. The President's trade envoy said that the penguins had …

Who’s Da Joker asks the Penguins 🐧 🐧 🐧

Crea Unris

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Penguin-filled Heard and McDonald islands get hit by President Trump tariffs

USA TODAY

President Donald Trump imposed 10% tariffs globally, including the remote, uninhabited Heard and McDonald islands.

BIGCABAL

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👨🏿‍🚀TechCabal Daily – EVs, but make them power banks | TechCabal

techcabal.com - Emmanuel Nwosu

TGIF! ☀️️️ It’s Friday. Just to repeat: it’s Friday. We made it. Get caught up on the tech news, log off, and enjoy your weekend. Some Hertitude news …

Insider

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Photos show the Heard and McDonald Islands, the remote territory full of penguins and seals Trump hit with a 10% tariff

Business Insider - By Talia Lakritz

When President Donald Trump announced sweeping "reciprocal tariffs" on countries across the globe, one place included among major trade partners like China and the European Union raised eyebrows. The Heard and McDonald Islands, a remote Australian territory located between Madagascar and Antarctica, …

Rey59

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US Commerce Secretary Defends Tariffs On Penguin-Inhabited Islands

Unbranded - unbranded - Newsworthy

US Commerce Secretary Howard Lutnick has defended the tariffs on the Heard and McDonald Islands, an Australian territory inhabited only by penguins & seals, saying it's necessary to close “ridiculous loopholes.” The tariffs, aimed at preventing countries from shipping goods through the islands to the US, surprised Australian authorities. Trade Minister Don Farrell called them a "mistake," suggesting a “rushed process.” When asked about including the islands on the tariff list, Lutnick said, “If you leave anything off the list, the countries that try to basically arbitrage America go through those countries to us.” Lutnick added, “The President knows that, he's tired of it, and he's going to fix that” in defense of US President Donald Trump. Transshipment, a common practice in global trade, involves goods passing through one port before reaching another. However, it can also obscure shipping data, according to Pew Charitable Trusts. Pew estimates that transshipment enables bad actors to move hundreds of millions of dollars in illegally shipped tuna and other species in the Pacific annually. It’s unclear how much trade comes from the islands, but export data shows a small amount of exports, including $1.4 million in unnamed “machinery and electrical” products in 2022. US government officials have consistently defended the tariffs even after a 5% drop in major US stock indexes, marking the worst week for the stock market since 2020. The latest tariffs from the Trump administration, which target the EU, China, and other territories, are set to take effect on April 9.

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Trump Has Accidentally Imposed Tariffs On An Island Solely Inhabited By Penguins

Tariffs? Now You See 'Em, Now You Don't

Trump hails tariff deal with penguin islands

Penguin-filled Heard and McDonald islands get hit by President Trump tariffs

👨🏿‍🚀TechCabal Daily – EVs, but make them power banks | TechCabal

Photos show the Heard and McDonald Islands, the remote territory full of penguins and seals Trump hit with a 10% tariff

US Commerce Secretary Defends Tariffs On Penguin-Inhabited Islands

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