“Trade war with penguins”: Trump places 10% tariff on uninhabited Antarctic islands

One time in his life, Donald Trump Decline and superiority.
President A. 10 % is a duty of all imports On Wednesday, along with a group of Mutual definitions We have commercial partners. The White House’s wide fee showed to what extent was Trump being ready to take his government trade war, including a 10 % horrific tax on all imports from Herd and McDonald’s Islands.
If you have not heard about this power for global trade and Australia’s lands, you are not alone. Few they have outside researchers and seals in Antarctica. These is the very remote islands about 1000 miles north of Antarctica mostly consist of arid tundra. They are also completely uninhabited.
The news that we start a trade war with penguins It spreads quickly After Trump’s announcement. With the exception of a collective sale of shares from Rish McGaruIt is unlikely to contribute to the customs tariff system in The continuous market shock.
Futures in the United States collapsed after Trump’s wide tariff news. DOW futures decreased by 1000 points, while Nasdaq and future S&P fell by 3 to 4 %. The values of American companies shares rapidly fell after the announcement, as the adult retailers witnessed significant losses. The dollar tree and Wal Mart The shares decreased by 11 % and 6 %, respectively in post -hours trading.
Trump has promised that the price increase in the short term and that the pain of the stock market will put the country on the road towards the era of American manufacturing.
“More production at home will mean stronger competition and lower prices for consumers,” he said. “We will return strongly.”