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Trump’s new tech tariffs strain US-China relations and spark global trade retaliation. Crypto gains attention as institutions seek stability amid tariff-driven market uncertainty. US President Donald Trump has once again shaken up the global market with his new policy: import tariffs directly targeting the technology sector. The main focus is on so-called “critical technologies”—a category that includes semiconductors, laptops, and flat screens. Although not all of them are subject to full tariffs, the market reaction is still strong. Apple, Dell, and HP, for example, have experienced great pressure because they are worried that the increase in production costs will burden consumers. On the other hand, Trump announced tariff exemptions for smartphones and laptops. This step may sound like a compromise, but the pressure remains. Many key components are still subject to high tariffs. For example, some analysts estimate that the price of the iPhone 16 Pro Max could reach $2,000 if the supply chain is not changed. The problem is not just the price. Factories in the United States are not ready to absorb such large production volumes. Even giants like TSMC have had problems building a chip facility in Arizona—costs are soaring, human resources are lacking, and technicians have to be imported from Taiwan. So if the intention is to make everything in the US, the question is: who will make it? Tensions have heated up when China retaliates. After Trump continued to impose 125% tariffs on Chinese products even though other countries were given a 90-day reprieve, President Xi Jinping did not remain silent. The retaliatory tariffs came in the same amount. It felt like a trade rhyme, but the stakes were hundreds of billions of dollars. The market certainly did not remain silent. BlackRock CEO Larry Fink even said that Trump’s tariffs could trigger a market correction…

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Filed under: News - @ April 13, 2025 11:26 am