'No known exports': Australia's Norfolk Island confirms it won't be subject to higher US tariffs
- President Donald Trump announced new tariffs ranging from 10 to 49 percent on foreign imports, affecting numerous small islands with minimal trade to the U.S.
- President Donald Trump announced tariffs of 10 to 49 percent on foreign imports, causing market futures to drop.
- Business owner Richard Cottle claimed the inclusion of Norfolk Island in the tariffs was likely a mistake.
14 Articles
14 Articles
Weird Trump Tariffs: Norfolk Island with 2,000 population gets 29%, penguins on uninhabited island hit with 10%
There have been some unintended and weird outcome from Donald Trump’s sweeping tariffs — from a 2,000 population island being imposed by 29% to an island inhabited by only penguins being charged 10%
Remote volcanic island's high tariffs puzzle: "Must have been a mistake"
The small island of Norfolk in the Pacific Ocean east of Australia has been hit with a 29 percent trade tariff. “It must be a mistake,” Richard Cottleby, who owns a concrete company, told Reuters.
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