CPI Explainer: How will higher trade tariffs really impact MSPs?

As the US-China trade war continues, all eyes are on 2 March, which is when the 90-day truce the two nations agreed to in December is up. This means that tariffs that were set to rise from 10 percent to 25 percent on 1 January this year have been held off until 2 March. But if an agreement isn't reached by this date, the 25 percent charge will come into effect. This potential rise is set to affect the third tranche of products highlighted by the Trump administration last year. It is this t...