New Orleans Gazette

The Readers Paradise of New Orleans

After Trump’s tariffs, stocks plunged but penguin memes ticked up

The Trump administration implemented extensive tariffs globally, impacting markets and prompting international backlash. In a surprising twist, online penguin memes emerged after Trump included uninhabited Australian territories home to penguins in the tariffs. The move, part of a broader tariff hike, has spurred worldwide scrutiny and reactions.

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