tariffs
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Reykjavík Was Burning, Trump Added Gas
Iceland’s evolving cost-of-living crisis, now with US tariffs What we mean when we say something is Dickensian isn’t just poverty or hardship. We mean a system that grinds people down without noticing them. A structure that runs on rules designed by someone…
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Hidden Countryside Tax: Bolungarvík Resident Charded 20.000 ISK For Shipping
A resident of Bolungarvík ordered a dollhouse from a toy store in Reykjavík, but was asked to pay over 20.000 ISK for shipping, reports Vísir. He says this amounts to a hidden countryside tax, since a resident of the capital area would…
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Fifteen Percent Tariff Begins Today
Effective today at 04:00 GMT, the import tariff on Icelandic goods to the United States rises from 10 percent to 15 percent. This rise to 15 percent was announced on July 31, as opposed to the original 10 percent tariff that was…
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One In Three Worried About U.S.-Imposed Tariffs, Inflation Increases
According to a recent survey by Maskína, about 30% of Icelanders are worried about the negative impacts of U.S.-imposed tariffs, mbl.is reports. About seven percent are very worried, while 22.5% are somewhat worried. Most respondents, 37.8%, have mild concerns. Left-Green Party voters…