Weird Trump Tariffs, April 3 -- There have been some unintended and weird outcomes from United States President Donald Trump's sweeping tariff impositions - from a 2,000 population island being imposed by 29 per cent to an island inhabited by only penguins being charged 10 per cent.
Case-in-point: Norfolk Island, off the coast of Australia, with only 2,000 people living there, has been hit with 29 per cent tariffs; and Heard and McDonald Islands, home to local penguins, has been imposed with 10 per cent tariffs.
Ace investor Ajay Bagga was among those who spotted the goof-up early. He noted that Norfolk Island - a part of Australia - was given different tariff rates compared to the mainland.
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