The British Indian Ocean Territory, a small cluster of islands in the South Indian Ocean, was hit with 10 percent tariffs on U.S. imports from the Trump administration Wednesday as part of its Liberation Day announcement.
As one might expect from the name, the territory is owned by the United Kingdom, which Trump hit with a 10 percent tariff, relatively low compared to other countries.
It’s unclear whether the tariffs on these territories would compound to 20 percent. Crucially, it’s unclear that anyone thought about this at all.
Online, some speculated that the tariffs were doled out according to internet domains, and that because the Heart Island and McDonald Islands use a different domain (.hm) than Australia, (.au) they were considered different countries. That seemed to be the only explanation for levying a tariff on a territory that has no economy to speak of.
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