
Saint-Pierre-Et-Miquelon, a French department, is tariffed at 50% by Trump because of one shipment of fish.
https://la1ere.francetvinfo.fr/saintpierremiquelon/frappe-par-des-droits-de-douanes-de-50-st-pierre-et-miquelon-est-le-territoire-le-plus-taxe-au-monde-par-les-mesures-douanieres-de-l-administration-trump-1575340.html
by Rakoune_
25 comments
**Saint Pierre and Miquelon: Few Exports and Heavy Tariffs**
Another territory that raises questions is the French archipelago of Saint Pierre and Miquelon, which is fiscally independent. Along with Lesotho, it is one of the places on which Americans impose the heaviest customs duties 50% despite the territory having minimal exports to the United States. How is that possible?
It appears that the Trump administration’s calculation method was based solely on the 2024 trade balance a figure that does not accurately represent the true nature of trade involving the French territory.
The calculation seems to have been done by taking the American trade deficit with each targeted territory and dividing it by that territory’s exports to the U.S. For the archipelago of Saint Pierre and Miquelon, **2024 was an exceptional year due to a single transaction in July, when someone in the United States purchased $3.4 million worth of goods mostly seafood.**
On the U.S. Census Bureau website, there are archives of more than 30 years of trade with the French archipelago in the North Atlantic. These show a balanced trade relationship over the past ten years at least, with exports of goods to the United States being almost non-existent or very minor.
So while the impact for Saint Pierre and Miquelon is currently minimal or even nonexistent that’s not the case for other regions like the European Union. French President Emmanuel Macron has declared that Donald Trump’s decision is “brutal and unfounded […] and we are determined not to let this stand,” he added.
For the small territory of Saint Pierre and Miquelon, within the context of a potential deepening trade war, the question remains: What would be the future impact on its residents, who rely entirely on imports from Canada and the European Union?
[Link of the article (in french)](https://la1ere.francetvinfo.fr/saintpierremiquelon/frappe-par-des-droits-de-douanes-de-50-st-pierre-et-miquelon-est-le-territoire-le-plus-taxe-au-monde-par-les-mesures-douanieres-de-l-administration-trump-1575340.html)
Personally:
Saint-Pierre-et-miquelon is one of the most tariffed territories by trump because of one shipment of seafood. Weirdly enough, other french department (not fiscally independent) like French Guiana, that are part of France proper and the European Union, don’t have the same tariff rate as the rest of the EU but have special one of their own.
This stinks.
What does this mean?
Nothing for America. Nothing for global trade.
Everything for comedy.
I just love that the US has the ultimate American stereotype as president. It’s a gift that keeps on giving.
Trump loves to tax small islands with no significant importance, but taxing his boss over in Russia appears to not be his interests
Smells as tariff program developed by DOGE
It’s becoming very obvious, that this list has no rhyme or reason to it.
Just do business with Canada that is a few kilometres off their shore
F the states
One shipment of fish : +50%
3 Billions imported from Russia: 0%
Is there a message somewhere ?
Do we still expect reason from a country in full Karen mode?
Trump Administration has more Freaky people than a Traveling Carnival.
Group of misfits, fringe people, people easily bought because they are Freaks. They don’t fit in with anyone.
Bru, the dude managed to bankrupt a casino. Why are we surprised by him fucking up the economy?
They should enact a trade deal with Heard island. The penguins won’t object to some fish.
So keep your fish and cancel Google and Netflix.
Sounds like a chainsaw did the math on this one .
Ok I think this is how it went. Trump has announced his master plan for liberation day. But he has nothing and he’s running out of time, he can’t ask for help because he’s a very stable genius and has been bragging about it for 30 years. So he turns to chatgpt. “Make me a tariff plan to end trade deficit”. And he goes with that. Without even checking if there were uninhabited islands on the list.
And the republicans cheered and lauded, the world markets collapsed, and everything went to shit.
This is what happen when you remove the checks and balances part of the government and replace with “yes please” men.
St Pierre is French and therefore EU, no? Not possible to tariff it differently than the rest of the EU market.
What I’m reading is that helping the US with eggs would increase their tariffs on us. So, no thank you?
All this goes far beyond foolishness or insanity. There has to be more to it.
This degree of stupidity is not humanly possible.
Very strong negotiation position.
Holding all the cards.
Stable genius.
Person, woman, man, camera, TV.
Yes and a small Country named Lesotho. 50% tarifs. Lesotho export to USA 237 mln. Its over 10 % of theyr GDP. It will kill theyr economy. And why? Becouse use AI to make tarifs and did not eaven look in to it. All so Israel. I dont mind to tariff them but they are big alley to Trump and he allow them do what ever they want and then tarifs. Hes blind or stupid or maybe both.
This is what happens when xAI sets your economic policies…
Also to prevent diversion and country of origin washing
Just shows that it’s ChatGPT that was ordered to do Trump’s homework 🙄
Comments are closed.