Tech industry
fromTechRepublic
3 months agoHow Trump's Tariffs Could Drive Up Tech Prices
Trump's tariffs could significantly raise tech costs and reshape North American supply chains, primarily affecting imports from Canada, Mexico, and China.
The selling pressure quickly eased as investors believed that prior market reactions had already priced in much of the risk, leading to increased buying interest.
Gold prices increased due to uncertainties surrounding US-China trade talks and renewed geopolitical tensions, driving investors towards safe-haven assets amid economic unpredictability.
Beijing's consideration of a U.S. offer to engage in tariff discussions has helped ease market concerns, lifting sentiment across Asian currencies.