For some context, Taiwan was hit with 32% tariffs initially back in April. The rollout of the tariffs seems like it will take a couple of days at least. Of note, Japan and South Korea were slapped with 25% tariffs but there’s a list of others as well here:
- Malaysia, South African and others get tariffs as Trump rolls out the trade letters
- Trump slamming hefty tariffs on … Bangladesh, Bosnia, Serbia, Tunisia, Indonesia
This article was written by Justin Low at www.forexlive.com.