The flip-flops on tariffs continue. In a surprising U-turn, Donald Trump first decided to pause the additional import duties on almost all countries expect China. Now, smartphones and computers are exempted, including the levies on Chinese imports. Our weekly wrap looks at the impact of these decisions and more
read more
Donald Trump has been delivering one shocker after another. A week after Liberation Day (April 2), when he announced a range of tariffs on US trading partners, sending the world into a tizzy, he paused them for 90 days for most countries. The exceptions are China, Mexico and Canada.
The Asian nation is worst hit, having been slapped with 145 per cent tariffs. But…