Tech will see an 'economic armageddon' if these tariffs stay, says Wedbush's Dan Ives
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Dan Ives from Wedbush has expressed serious concerns about the potential devastating impact of current tariffs on the technology sector, suggesting that prolonged tariffs could create significant economic challenges for tech companies.
April 03, 2025 | 9:45 pm
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As a major tech company with significant global manufacturing and sales, Apple could be substantially impacted by ongoing trade tensions and potential tariff escalations.
Apple's global supply chain and heavy reliance on international manufacturing make it particularly susceptible to trade policy changes. Tariffs could increase production costs, reduce profit margins, and potentially impact consumer pricing.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 70