US president Donald Trump announced on April 2 a range of sweeping reciprocal tariffs’ towards a list of some 60 trade partners with the US, on what he described as Liberation Day’ for the country.
Among the US tariffs on its imports are an additional 34% tariffs on China on top of the existing 20% 32% on Taiwan 26% on India 25% on South Korea 24% on Japan and Malaysia. The tariffs are expected to go ahead as of midnight US time on Wednesday April 9, and in a fast moving scenario, tariffs on Chinese products could be as high as 104%.
Vietnam has emerged...
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