A tiny tranquil island home to an estimated 2,188 people. Closer to New Zealand than Australia. And now slugged with a 29 per cent tariff from the Trump administration.
Norfolk Island, despite forming an external Australian territory, was singled out by U.S. President Donald Trump during his "liberation day" on Thursday, with a tariff hit 19 percentage points higher than the rest of Australia
George Plant the island's administrator said 1. "Our business is tourism, we don't really export anything to the U.S." 2. "We're a non-self-governing territory under the authority of Australia, so we operate exactly as the rest of the country.
Other small Australian territories bizarrely singled out included the uninhabited penguin-laden Heard and McDonald Islands, Christmas Island and the Cocos Keeling Islands.
David Ortega, a food economist and professor at Michigan State University, said Australia was the U.S.’s top foreign beef supplier and the tariffs would likely raise prices in the country. "Australian beef is in, an estimated 6 billion hamburgers consumed each year in the U.S."
"Without the healthier Grass-fed Australian lean beef that is blended with local fatty trim, the U.S. would need to use higher value cuts in their burgers.
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