News / 'Tariff hell' leaves industries in limbo – 'not a great environment to plan'

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UPDATED 17.30 BST TO INCLUDE SECOND PAR

Yesterday the tariff landscape changed yet again, with a by now familiar abruptness, as the US president announced a 90-day pause on tariff hikes for most countries, while raising the rate on imports from China to 125%.

However, it was later confirmed that the administration had not included a pre-existing tariff of 20%, which is being added on top ? bringing the total to 145%,

The European Commission also announced that despite “strong support from member ...