Tech sector braces for impact of Trump’s tariff hike

Formosa News
Date: 2019/05/07

Taiwan’s tech sector is bracing for impact ahead of Donald Trump’s threatened tariff hikes. If Trump follows through, a 25% tariff would hit Chinese-made products including machine tools, router, and telecoms equipment. The tariff would harm Taiwanese companies that have moved their manufacturing base across the strait. Today industry leaders weighed in on how best to navigate the U.S.-China trade war, and how to turn it into an opportunity.

With Trump’s latest tariff threat, the markets are oscillating and Taiwan’s tech industry is bracing for impact. Sectors likely to be affected are semiconductors, laptops, and their supply chains.   [FULL  STORY]

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