U.S. President Donald Trump deals with ongoing stock market woes and technology industry lobbying Exit tariffs Last night’s electronics.
In the file U.S. Customs and Border Protection The U.S. issued on Friday, the U.S. has now exempted these consumer electronics, most of which are produced in China, and suffered 145% tariffs and 10% global tariffs. Semiconductors are used in almost everything, as chips are the basis of all electronic devices – and will also be exempt.
In this way, Trump and the established Technical and economic advicedue to tariffs on such devices, many modern American economies may be stopped. But whether this will restore investor confidence in the broader market, as Trump’s unpredictability in the behavior of trade allies is as worrying as his actual decision. Stocks have fallen 15% since Trump took office.
Some analysts warn that a $1,000 iPhone made in the U.S. might have to be sold for $3,500, but this ignores the fact that the U.S. had only 14% of the global market in the 1950s, and it might not be able to provide enough chips for Apple, the most valuable technology company like Apple. But tariffs will affect technology products in many different ways.
this Consumer Technology Association estimates Such tariffs could make gaming consoles expensive for U.S. consumers by 40%, smartphones by 26%, and laptops by 46%. But this is before Trump decides this week to impose the biggest tariffs on China.
With the rise of companies such as TSMC in Taiwan, the process of losing market share in bargaining chips has occurred for decades, and the process of regaining market share cannot be repaired simply by undertaking tariffs. Based on my interview with Scott Almassy, a partner at consulting and accounting firm PWC,in December.
“Where you really start to make an impact is the material for commodities, steel and aluminum, what really goes into the supply chain and what’s going on, these things build no more than $500, $600, $700,” Almassey said.
Trump said he is still considering departmental tariffs on certain commodities, including semiconductors. For companies like Apple, retreating is still a temporary win, which promises to build more electronics in the U.S., but mine Interview with Deloitte January suggested that such a process could take decades to complete, best in everything the U.S. and foreign governments do in helping to separate factories from multiple political parties.
Duncan Stewart, research director at the Deloitte TMT Center, pointed out earlier that building chip factories through bipartisan American chips and scientific law is also huge, but even the tens of billions of dollars in that legislation will hardly bring it back to U.S. manufacturing.
After all plants being built and started, by the end of 2032, the U.S. could rise about 14% or something else by 2032. This is an absolutely huge industry. This is an absolutely huge industry. In fact, moving the needle from 10% to 14% is actually a very good quantity. This is a very good industry. This is the difficulty in Europe.
The complexity of the supply chain is something else to consider. When Intel dominated the U.S. chip market (and globally), partly because it had the best manufacturing plants in the U.S. that could reduce its costs, but lagged behind in chip design, providing openings for companies like Nvidia. NVIDIA uses TSMC to make chips in Taiwan, but Nvidia is the first to use parallelism in graphics chips for new applications, such as AI processing in data centers. If TSMC isn’t as big or good as before, Nvidia won’t be able to outperform Intel and push AI to the biggest chips. This means that manufacturing in your home country is not the only important thing to create jobs.
Some politicians may be shocked by the lobbying impact of the tech world, but the truth is that the industry creates high-value jobs that any economy needs to have in the modern era. The industry must employ well-educated and professional people, which requires more education. However, there are far more engineers in places like China than in the United States.
However, the Trump administration believes the pain of tariffs this week is intended to start the process and restore the competitiveness of the United States.
“President Trump made it clear that the United States cannot rely on China to make key technologies such as semiconductors, chips, smartphones and laptops,” a Trump spokesman said. “That’s why the president has received trillions of dollars in U.S. investment from the world’s largest tech companies, including Apple, TSMC and NVIDIA.
Obviously, tariffs alone will not resolve the trade imbalance with China.
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