Open tariff window could see rush of electronics and pharma into the US
Electronics and pharmaceutical shippers are expected to be racing to get transport to the US ...
© Suwin Puengsamrong
Donald Trump’s tariff plan could spectacularly backfire, forcing Europe closer to China as it seeks to hit environmental targets, it was claimed.
China is hunting alternative markets for its substantial output of electric vehicles as it faces up to exports to the US being hit by a 10% tariff.
However, the European Union is also facing potential tariffs, with the US president having stated that his country had been “treated very badly” by lawmakers in Brussels.
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