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.
He thinks the trade deficit is a debt between two countries not the difference in trade between them.
Trump’s child-like mind can only understand win-lose trade agreements. He can’t fathom a win-win, or a lose-lose.