The sweeping levies announced Wednesday will reach unexpected corners of the world.
The Heard Island and McDonald Islands, an external territory of Australia, are home to mostly penguins, but they still face 10 percent U.S. tariff. Norfolk Island, another Australian territory with a population of roughly 2,100 people, is subject to a 29 percent tariff. "Nowhere on earth is safe," Australian President Anthony Albanese said on Thursday. The sweeping tariffs announced by U.S. President Donald Trump on Wednesday have sent shockwaves through markets and capitals around the world—quite literally. The measures, which include a baseline of 10 percent tariffs on all imports into the United States, also extend to tiny, remote islands—from an overseas French territory near Canada to a group of uninhabited volcanic islands near Antarctica. The sweeping tariffs announced by U.S. President Donald Trump on Wednesday have…