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Uncanny Valley | WIRED

What The Actual Tariff

Apr 10, 2025
Tariffs announced by President Trump are shaking up the tech industry in unprecedented ways. The hosts dissect the chaos, focusing on how major players like Elon Musk and Jeff Bezos are responding to these trade policies. Rising prices for consumer products, including electronics and cars, are a central concern. Listeners also gain insights into the critical role of semiconductors and the complexities of supply chains. With a blend of humor and practicality, the conversation offers strategies for navigating this economically turbulent landscape.
42:45

Podcast summary created with Snipd AI

Quick takeaways

  • The recent tariffs introduced by President Trump are anticipated to significantly disrupt the tech industry and raise consumer prices.
  • Major tech industry leaders like Elon Musk and Tim Cook are responding differently to tariffs, highlighting diverse strategies for navigating the economic chaos.

Deep dives

Impact of New Tariffs on the Tech Industry

Recent tariff announcements by President Trump threaten to disrupt the entire tech industry, imposing significant financial burdens on companies across the sector. A baseline tariff of 10% on nearly all U.S. imports from countries outside of Canada and Mexico is applied, with even higher tariffs—up to 125%—specifically targeting China. This chaotic situation is predicted to lead to increased costs for consumers, as businesses struggle to absorb these new expenses. Economists warn that the consequences of these tariffs could be immense, comparable to disruptions seen during past crises, impacting both the stock market and consumers' daily lives.

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