Big technology is still silent on the Trump tariff

President Donald Trump’s tariff was 10 percent on the goods imported from China for nearly a week. Before you entered the vibrant tariff, I wrote that “The big technology was silent on the Trump tariff– Almost no one in the industry had a general reaction or said how they would respond. After a week, this did not really change.

My colleagues and I have contacted a wide range of technology companies several times since the customs tariffs on China (and the definitions that have been removed now In Canada and MexicoIt was announced at the beginning of the month. This is what we heard – or we did not hear:

Almost every large technical company that manufactures and charges products from China, so the tariff means higher costs to bring these products to the country. These high costs are often transferred to consumers, so if the tariff remains valid, it seems likely that companies will raise prices on their products or see their margins in a decrease.

There are a few reasons why companies are reluctant in the suspension. It may take some time until companies feel the effects of tariffs and know how they can affect their business. Trump administration is chaotic, so companies may wait to see if the policy changes or stops temporarily, as Canada and Mexico already had. The administration is also running out, so companies may not want to draw the anger of the president by blaming the definitions to harm their business.

Automobile manufacturers, on the other hand, were more bustle.

Tesla did not respond to the comment request.

The definitions have already led to some disturbances of shipments and delivery. Trump removed minimal exemption, which allowed packages of less than $ 800 to enter the duties of the United States free of fees. Which prompted Usps to Shortly stopped by accepting parcels from China Shoppers see additional fees On shipments Other transport companies. But Friday, the Trump administration Temporarily stop Remove the exemption so that the process can be performed more organized.

Trump also signed an order on Monday to impose a 25 percent tariff on steel and aluminum, NBC News Reports.

Update, February 10The new Trump tariff was added to steel and aluminum.