U.S. Commerce Secretary Calls for Tariffs on Penguin Island to Prevent Exploitation

U.S. Commerce Secretary Lutnick has proposed adding Penguin Island to the existing tariff scope, aiming to prevent countries from using it as a loophole in trade practices. This stance follows a similar approach taken by U.S. President Trump who implemented tariffs on Heard and McDonald Islands, Australian territories inhabited solely by penguins and seals located in the Southern Ocean.