Smartphones and other tech devices are now exempted from tariffs after their stocks took a hit. Trump may now realise the US doesn't have the infrastructure and workforce needed to reshore production.
A 90-day pause on tariffs does not mean countries can now sit back and relax. From lying low to outright retaliation, a former US trade negotiator lists out the options available to world leaders.
Days after US president Donald Trump’s administration unveiled the sharpest ever escalation in American tariffs going back 200 years, Chair of the US Federal Reserve Jerome Powell said that tariffs…