SYDNEY, April 3 (Reuters) - For Richard Cottle, owner of a concrete-mixing business on Norfolk Island, there was only one explanation when U.S. President Donald Trump unveiled a hefty 29% tariff on the tiny territory about 600 miles off eastern Australia: "it was just a mistake". Though the rugged volcanic island in the southern Pacific does ship a modest amount of Kentia palm seeds abroad, typically worth less than $1 million a year, mostly to Europe, news of the unusually steep tariff passed through its 2,188 residents on Thursday with a mixture of amusement and confusion.
Heard and McDonald islands, which sit 4000 kilometres south-west of Perth and are home to Australia’s only active volcanoes, are uninhabited apart from an occasional visit by scientists to check in on the unusual wildlife. (good pic of the inhabitants, caption - The inhabitants of Heard and McDonald islands – a tariff threat to the United States)
External territories are part of Australia and not self-governing but have a unique relationship with the federal government. Such territories featured on the White House list were the Cocos (Keeling) Islands, Christmas Island and Norfolk Island.
.... In 2023, Norfolk Island exported US$655,000 (A$1.04m) worth of goods to the US, with its main export being US$413,000 (A$658,000) worth of leather footwear, according to Observatory of Economic Complexity data.
But George Plant, the administrator of Norfolk Island, disputed the data. He told the Guardian: “There are no known exports from Norfolk Island to the United States and no tariffs or known non-tariff trade barriers on goods coming to Norfolk Island.”
Albanese said on Thursday: “Norfolk Island has got a 29% tariff. I’m not quite sure that Norfolk Island, with respect to it, is a trade competitor with the giant economy of the United States, but that just shows and exemplifies the fact that nowhere on earth is safe from this.”
The export figures from Heard Island and McDonald Islands are even more perplexing. The territory does have a fishery but no buildings or human habitation whatsoever.
Despite this, according to export data from the World Bank, the US imported US$1.4m (A$2.23m) of products from Heard Island and McDonald Islands in 2022, nearly all of which was “machinery and electrical” imports. It was not immediately clear what those goods were.
In the five years prior, imports from Heard Island and McDonald Islands ranged from US$15,000 (A$24,000) to US$325,000 (A$518,000) per year ...
OMG - leather footwear????? machinery & electrical devices??? - those penguins are very clever.