US president Donald Trump’s latest tariff move, announced on Monday, February 10, is a proclamation to place a 25% tariff on all US steel and aluminium imports from March 4, the same date as other tariffs on a wide range of goods from Mexico and Canada could also kick in.
There is a caveat to this fast-moving situation -- already the US has backtracked on its decision to tax goods worth less than $800 known as “de minimis” shipments. The move caused chaos with the US Postal Service blocking the delivery of parcels from mainland China and Hong Kong, before then reversing the decision within 48 hours and then the...
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