Summary
The U.S. imposed a 29% tariff on Norfolk Island, nearly triple the 10% rate applied to the rest of Australia, with no explanation from the White House.
Australian Prime Minister Anthony Albanese expressed confusion, noting Norfolk Island’s limited economic activity. The territory has a population of about 2,000 and minimal exports.
Other remote territories like Christmas Island and Heard and McDonald Islands also received tariffs, though the latter are uninhabited.
The US is likely never going to be a manufacturing powerhouse again.
Americans love the idea of buying American made products, but not the cost and certainly not the labor that actually goes into making them at scale.
Certainly some things need to be produced domestically, and still are, either because it’s expensive or impractical to ship them, or because it’s a national security concern. But the vast majority of products your typical American buys will never be made here, because they would instantly become luxury items.