The bit I love is that countries with which the US has a trade surplus aren't getting the opposite of a tariff (a grant, I guess) on their imports to the US, they aren't getting zero tariffs on their imports to the US, they're getting 10% tariffs.
Heard Island and McDonald Islands, two Australian territories inhabited only by penguins, get singled out for a 10% tariff.
Norfolk Island, an Australian community of 3000 with no exports to the US, gets its own 29% tariff. They're expecting a tourism boost from the publicity.
Now what the underlying items are that were traded? Not sure. Guessing you can dig it up in AES https://www.census.gov/foreign-trade/aes/index.html but have not been able to figure that out. Let me know if you do.
Nah, they just went down the Wikipedia list of places that trade with the US. This is how Réunion winds up on there, despite being actually part of France.
That might be the case with places like the UK which has a trade deficit with the US but still gets taxed at 10%. I feel however the penguins put up an obvious non tariff barrier by only accepting fish rather than hard currency.
Norfolk Island is part of Australia. Logically it would be swept up in the 10% tariff on Australia. It has no exports to the US, that being the US government's justification for tariffs over 10%, let alone an individual 29% tariff.
A comparison would be another country putting a 10% tariff on the US, but singling out Rhode Island for its own 29% tariff.
