Tag Archives: tariffs

Trump’s Renewed Trade War Isn’t Just Bad For Apple, But All US Tech Companies

Here we go again. After thoughts that an all-out trade war with China had been averted, President Donald Trump has thrown fresh gas and lumber on a fire that seemed like it was burning down to embers. First there was another round of tariffs on $200 billion of Chinese goods. Then there was an Executive Order that bans US telecom companies from using gear from any company seen as a national security threat.

Huawei got that label after reports of leaks, vulnerabilities and backdoors were made public over the last two years. Chinese hacking, spying and corporate espionage have been a huge problem for the West for a long time, but it seems that Huawei is likely more scapegoat than grand mastermind.

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Donald Trump is Playing a Dangerous Game and Apple isn’t the Only Potential Loser

Apple’s stock has taken a beating this month, and it sunk even lower today after comments from Donald Trump in a Wall Street Journal interview pointed toward the possibility of additional trade tariffs. The President of the United States casually tossed around comments about how easily people can stand a 10% tariff on all electronics imported from China. Evidently, he isn’t all that concerned with preserving the economic gains of the last year, because tariffs like these will kill them fast enough to make your head spin.

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