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US Tariffs on China to Create "Category 5 Price Storm" for US Tech Consumers, Wedbush Says
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US Tariffs on China to Create "Category 5 Price Storm" for US Tech Consumers, Wedbush Says
Apr 8, 2025 8:42 AM

11:22 AM EDT, 04/08/2025 (MT Newswires) -- US President Donald Trump's tariffs on China will create a "category 5 price storm" for tech consumers in the US and drive global market share gains for Chinese tech companies over the coming years, Wedbush Securities said in a Tuesday note.

"50% China tariffs, 32% Taiwan tariffs would essentially cause a shut-off valve from the US tech landscape and in the process cause every electronic to go up 40%-50% for consumers," Wedbush said.

Trump's plan understates the complexity of Asia's supply chain, leaving US companies like Apple ( AAPL ) , Nvidia ( NVDA ) , Microsoft ( MSFT ) , and Advanced Micro Devices ( AMD ) vulnerable, according to the investment firm.

The tariffs would also cause a significant slow down in the "AI Revolution trade," Wedbush analysts said.

Price: 184.84, Change: +3.38, Percent Change: +1.86

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