"On Wednesday, President Donald Trump announced the US was imposing reciprocal tariffs on a small collection of Antarctic islands that are not inhabited by humans, as part of a global trade war aimed at asserting US dominance. The Heard and McDonald Islands, known for their populations of penguins and seabirds, can only be reached by sea.
Trump announced the countries now subject to tariffs in a Wednesday press conference, using a poster as a prop. Additional countries - including the Heard and McDonald Islands, which are, incidentally, not countries - were listed on sheets of paper distributed to reprters.
One of the sheets claims that the Heard and McDonald Islands currently charge a "Tariff to the U.S.A." of 10 percent, clarifying in tiny letters that this includes "currency manipulation and trade barriers." In return the sheet says that the US will charge "Discounted reciprocal tariffs" on the islands at a rate of 10 percent."
The level of stupid just boggles my mind...now getting ready for National Day of Protest this Saturday.
ReplyDeleteI am so humbly grateful that our bigly President Trump made his tariff decision with as much research, forethought, and attention to detail as any of his other moves since Jan 20th.
ReplyDeleteDon't we have some, anything more useful to do?
ReplyDeleteIn the past presidents concerned themselves with things like world peace, health, and prosperity. Not taxing non-existent trade from penguins. Sigh.
DeleteI think he peaked at the re-naming of the Gulf of Mexido.
DeleteThis site needs a LIKE button!
ReplyDeleteI agree, that's my reaction to every post and comment. I cannot believe the stupidity, greed and lies. My parents were immigrants, survivors of the Holocaust, and I'm glad they aren't alive to see this.
DeleteI can't find a list, but does anybody know if the Mango Menace has put a tariff on the North Sentinel Islands? He missed a great opportunity, there.
ReplyDelete