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It was on the first day of Taiwan's four day Tomb Sweeping (清明) Festival weekend that businessmen woke up to the news that Taiwan could expect a 32 percent%, on top of a standard 10% tariff on all its exports to the United States. But just hours after it took effect, that immense tariff was suspended for 90 days. How some businesses responded to the first announcement, and what it should do with the grace period is the subject of much discussion. ICRT's Hope Ngo is joined by All Good Gene's Founder Gene Chung, and Jay L Zagorsky, author of The Power of Cash and Associate Professor at Boston University's Questrom School of Business.
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It was on the first day of Taiwan's four day Tomb Sweeping (清明) Festival weekend that businessmen woke up to the news that Taiwan could expect a 32 percent%, on top of a standard 10% tariff on all its exports to the United States. But just hours after it took effect, that immense tariff was suspended for 90 days. How some businesses responded to the first announcement, and what it should do with the grace period is the subject of much discussion. ICRT's Hope Ngo is joined by All Good Gene's Founder Gene Chung, and Jay L Zagorsky, author of The Power of Cash and Associate Professor at Boston University's Questrom School of Business.
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