Tariff news is back in the headlines with Trump signing tariff-related executive orders on a wide range of coutnires, more in these posts:
- Trump signed an order raising tariff rate on Canada to 35%, from 25%
- Trump has hammered Switzerland with a 39% tariff rate
Officials at the White House are scrambling with clarifications, notably that there has been no final decision on China.
I suspect there will be some sort of can-kick extension.
Taiwan has copped a 20% tariff.
This article was written by Eamonn Sheridan at investinglive.com.