Trump, tariffs and McDonald Islands
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"Poor old penguins, I don't know what they did to Trump, but, look, I think it's an indication, to be honest with you, that this was a rushed process."
From BBC
All three major stock indexes in the US plunged more than 5% on Friday, while the S&P 500 dropped almost 6% in the worst week for the US stock market since 2020.
From BBC
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Australia has a unique relationship with the United States that should be used to fight US President Donald Trump’s new global tariff regime, Nationals leader David Littleproud says.
American supporters of President Trump’s global tariff hikes may not want to satisfy their Liberation Day appetite with a trip to their local
The internet poked fun at the Trump administration’s decision to impose new tariffs on Heard Island and McDonald Islands, Australian territories near Antarctica where many penguins but no people live.
Farmers and exporters are more worried that the wider economic impact of the tariffs could diminish global appetites for beef.
Aussies travelling in the US could end up paying more than $460 for a wagyu steak as a result of Donald Trump’s tariffs on agriculture exports.
In a week where the world’s best horses, jockeys, and trainers are on show, few have attracted more attention than James McDonald, whose partnership with Romantic Warrior has brought him to the Dubai World Cup meeting for the first time.
Agriculture Secretary Brooke Rollins brushed off a question about the administration’s intention behind tariffs imposed on uninhabited Australian territories, during a CNN interview on Sunday. The question comes days after President Donald Trump unveiled his “Liberation Day” plans to enact sweeping tariffs on nearly every U.
Commerce Secretary Howard Lutnick said President Trump "wasn't kidding," and his reciprocal tariffs will take effect later this week.