Donald Trump’s latest tariff spree is so absurd it could be mistaken for satire. The halfwit, now wielding executive power once again, has slapped import taxes on some of the most remote and economically irrelevant places on Earth—including an uninhabited Antarctic island populated exclusively by penguins and seals. If the goal was to project strength, this is more like projecting incompetence.
A tariff on penguins? Really? I thought this was the internet making things up or that April Fools Day had changed, but the Financial Times, The Guardian and Sky News are all reporting the same story. I’m no expert on international trade, but I do know that when your trade policy involves taxing arctic marine creatures who pay for goods in fish and squawks, you might be overcomplicating things. It’s not like these Islands are an offshore tax haven, like say, Ireland. The Heard and McDonald Islands are a barren, frozen speck of Australian territory with zero people living there and exactly $0 in trade with the U.S.—now face a 10% tariff. Is there a chance that Trump might have thought McDonalds the fast food company had their global HQ there? Does he think he’ll make Big Mac great again?
Meanwhile, Norfolk Island, another distant Australian outpost, most famous for its convicts, was hit with a 29% levy, nearly triple the rate applied to mainland Australia. When pressed, even Australia’s prime minister could only laugh in bewilderment: “I’m not sure what Norfolk Island’s major exports are to the United States.”
Nor is this logic confined to the South Pacific. France’s Réunion Island, in the Indian Ocean, faces a 37% tariff, while the EU as a whole gets 20%. The Falkland Islands—best known for sheep, molluscs, and a 1982 war—were deemed such a dire economic threat that they now carry a 41% tariff.
Beyond the farce, there’s a human cost for Trump’s economic illiteracy. The latest round of “reciprocal tariffs” is less about fair trade and more about punishing the world’s weakest economies. Under the guise of balancing trade deficits, the U.S. has imposed staggering tariffs—up to 50%—on some of the poorest nations, including Cambodia (49%), Bangladesh (37%), and Laos (48%). These countries, where daily wages often amount to mere dollars/euros, now face economic devastation for the crime of selling affordable goods to American consumers.
The Trump administration’s formula for these tariffs is as simplistic as it is baffling. When asked about how they came up with the tariff formula they said they divided a country’s trade surplus with the U.S. by its total exports and then halved the number, The Financial Times said the calculation is deeply flawed economically and will fail in stated aim of ‘driving bilateral trade deficits to zero’. Whatever the madness of the calculation, the policy effectively penalises nations that rely on America as a buyer of their goods. The result? Countries like Madagascar (47%) and Lesotho (50%), where poverty is rampant, are hit the hardest.
Let’s be honest now—this isn’t about trade deficits. It’s about political theatre. Trump gets to thump his chest and say, “Look at me, I’m tough on Madagascar Vanilla farmers!” while ignoring the fact that the real trade cheats (looking at you, China) are still gaming the system. Meanwhile, the poorest nations on earth are left wondering what they did to deserve this economic colonoscopy. This isn’t economics. It’s nostalgia-fueled pandering to a mythical past.
I might also suggest to economists and political scientists to give up trying to explain anything Trump does. Trying to parse the strategic genius behind an administration that just slapped a 10% tariff on an icy rock populated exclusively by penguins and seals is like trying to psychoanalyse one of those robot hoovers. Sure, it’s moving with purpose, but at the end of the day, it’s just bumping into walls, scaring the dogs and occasionally eating a sock.
God bless America—because nobody else will after this.
Trump may well be running a scam or trying to wreck the United States for his Russian "friends".
https://deanblundell.substack.com/p/is-trump-deliberately-tanking-the
https://www.narativ.org/p/trump-tariffs-are-full-of-fake-facts
https://www.thebulwark.com/p/trumps-crypto-scheme-a-layer-cake
Some Trump supporters might wake up now. But there's certainly going to be a hard core of cultists who won't.
https://jennifermercieca.substack.com/p/this-is-what-fascism-looks-and-sounds
Perfectly describes the orange nitwit and his cult followers who are pandering to him
How on earth can those “economists” look in the mirror?