Donald Trump has announced upcoming tariffs on critical industries including computer chips and steel. The move is expected to affect supply chains and manufacturing processes across multiple sectors, including technology and automotive.
Vero’s thoughts on the news:
The proposed tariffs on essential materials like computer chips and steel could have significant implications for the tech industry. From an app development perspective, this can lead to increased costs and potential delays in hardware availability, which in turn could slow down software development and innovation. Overall, this move might stymie advancements in technology and could make it harder for startups and smaller companies to scale efficiently.
Source: Trump Says Tariffs Are Coming on Computer Chips, Steel and More – The Wall Street Journal
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