How Trump’s Tariffs Could Reverse a Decade of Progress for US Tech
Dan Ives, the senior equity research analyst at Wedbush Securities, recently shared insights on the potential effects of President Trump’s tariffs on US technology companies. He specifically analyzed the likely impact on major players in the tech sector, especially focusing on Apple and Tesla. Ives warned that these tariffs could lead to significant setbacks for these companies and others in the Mag 7. In addition, he discussed the possibilities surrounding a potential sale of TikTok. These tariffs may redefine how tech giants operate and compete in both domestic and global markets.