There appears to be some confusion surrounding the sweeping tariffs announced by the U.S. President Donald Trump. Among the economies hit by the news on Wednesday is an Australian island home to penguins but not people. Veuer’s Chloe Hurst has the story!
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00:00There appears to be some confusion surrounding the sweeping tariffs announced by President Trump.
00:05Among the economies hit by the news on Wednesday is an Australian island,
00:09home to penguins but not people. The herd of McDonald Islands in the Antarctic has a
00:15population of zero humans but now has a 10% tariff for exports to the US.
00:21A tiny outpost 600 miles off of eastern Australia, Norfolk Island, has barely any
00:26exports but has received a separate higher tariff than the rest of Australia's 10%.
00:32The news has certainly baffled Prime Minister Anthony Albanese.
00:37Norfolk Island interestingly is I think 29%. I'm not sure what Norfolk Island
00:46major exports are to the United States and why it's been singled out but it has.