Tariffs and the Chips Rally, Apple Extends Gains, Trump: Intel CEO Should Resign 8/7/25
Squawk on the Street
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Tariffs and Tech: Economic Impacts and Strategies
This chapter explores the recent implementation of reciprocal tariffs, particularly the drastic 100% tariff on imported semiconductors, and its potential economic ramifications for major tech and automotive companies. The discussion highlights how companies like Apple and Ford are adapting to the shifting landscape, navigating supply chain complexities, and responding to increases in production costs. Furthermore, it delves into the implications of these tariffs on consumer prices and the broader market, including rising housing costs.
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