Tech Scrambles to Adjust Supply Chains, Tariffs Could Backfire on Trump’s AI Goals
Bloomberg Technology
Intro
This chapter examines the effects of the Trump administration's new tariffs, including the significant 104% tariffs on China and the ensuing counter-tariffs from China and the EU. It highlights the initial market response, particularly in the Nasdaq 100, and emphasizes the broader concerns regarding the impact of these tariffs on technology and trade.
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