
Following a rabid weekend of tariff rulings and press conferences, the Trump administration has settled on a blanket 15% tariff for basically all goods entering the United States. This has upended global trade as countries look to confirm their final rates, with many of them having previously negotiated different rates – some higher than 15%, some lower. While Bloomberg suggests China is a big winner of the redrawing of tariff percentages, it also threatens to hand companies like TSMC a big win by…

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