A week after President Donald Trump's 10 percent tariff on goods imported from China went into effect, many Big Tech companies have remained silent on their potential impact. Despite multiple attempts to contact a wide range of tech companies, most have declined to comment or offer any insight into how they plan to respond to the tariffs. This silence contrasts with the more vocal reactions from automakers who have expressed concern about the detrimental effects of tariffs on free trade and innovation.
President Donald Trump ’s 10 percent tariff on goods imported from China has been in effect for nearly a week. Ahead of the tariff going into effect, I wrote that “Big Tech has been silent on Trump’s tariffs” — almost no one in the industry had a public reaction or said how they would respond. A week later, that hasn’t really changed. Myself and my colleagues have contacted a wide range of tech companies multiple times since the tariffs on China were announced at the beginning of the month.
“Free trade, which has always been a guiding principle for the BMW Group, is of immense importance worldwide: It is one of the most crucial drivers of growth and progress. Tariffs, on the other hand, hinder free trade, slow down innovation, and set a negative spiral in motion. In the end, they are detrimental to customers, making products more expensive and less innovative.
CHINA TARIFFS DONALD TRUMP BIG TECH TECH COMPANIES AUTOMOBILE INDUSTRY
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