Trump’s New Tariff Wave… Winners and Losers

After months of threats and negotiations, US President Donald Trump’s revised tariff regime has officially come into effect. With rates ranging from 10% to 41%, the new tariffs affect around 70 countries and have triggered fear of inflation and global retaliation. Countries under the most pressure include key BRICS members, but even some allies like Canada have been hit hard. Those in the 10% club seem to have gotten the best deal. Who are they? At 12.01am on 7 August, the EU, Japan, and South Korea were hit with 15% tariffs, while Vietnam, Bangladesh, and Taiwan were subjected to rates…