Clutching a “Reciprocal Tariffs” board at his side, US President Donald Trump upgraded his powerful trade storm in the global supply chain to a category that few in its path have ever felt.
And with it, he has brewed a vortex of uncertainties, forcing businesses from Guangdong to Los Angeles to reconsider development strategies – suddenly, plans to manufacture in or source from emerging markets have turned cloudy as the tariff storm rages.