The tariff imposed on Penguin Island has sparked controversy, with the U.S. Secretary of Commerce stating that it is necessary to prevent loopholes.
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U.S. Secretary of Commerce Gina Raimondo dismissed allegations regarding the use of AI to generate tariff lists and explained why tariffs are imposed on uninhabited islands with penguins. President Trump announced a comprehensive tariff on products from more than 180 countries, leading to a drop of over $6 trillion in the U.S. stock market for two consecutive days. Raimondo stated in an interview that the high tariff measures will be implemented as planned and emphasized that this is not just a joke. She defended the tariffs on these islands as a means to prevent "loopholes" from countries like China. Democratic leader Schumer criticized Trump for not imposing similar measures on Russia.
The U.S. Secretary of Commerce, Lutnick, refuted and explained why the U.S. imposes tariffs on "Penguin Island." Recently, President Trump announced comprehensive tariffs on imported products from over 180 countries and regions, including some uninhabited islands where penguins reside. Lutnick provided an explanation regarding the tariffs on these islands during an interview.
Trump's new tariff policy led to investors losing over 6 trillion dollars in the U.S. stock market over two consecutive days, approximately equivalent to 198.6 trillion New Taiwan dollars. Hedge fund manager Ackman, who supports Trump, warned that if Trump does not ease the tariffs, U.S. stocks will face a greater crisis. Nevertheless, the Trump administration's economic team stated that no one can escape the high tariffs that will take effect starting the 9th. Lutnick emphasized on a television program that the tariffs will be implemented as scheduled and are no joke.
The public's reaction to Australia's territory near Antarctica, Heard Island and McDonald Island, has also drawn attention, as these two islands have zero residents and are home to four species of penguins but face a 10% tariff. Senate Democratic leader Schumer criticized Trump, pointing out the absurdity of imposing tariffs on penguins while taking no action against Russian President. Lutnick defended the imposition of tariffs on these two small islands, stating that it is meant to close "loopholes" for countries like China regarding "shipping passage." Furthermore, regarding whether the Trump administration used artificial intelligence to generate the tax list, Lutnick denied it, stating that some countries were not included on the list.