What to Expect in the Week Ahead (Tesla, Alphabet Earnings; Global Flash PMI Reports)
As the tariff storm arrives, how are U.S. Hardware and network companies positioning themselves?
Recently, JPMorgan released a report on the adjustments made by non-cyclical companies in the Hardware and Network Industry following tariff changes, with various companies in the industry making corresponding adjustments to tariffs.
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The Trump administration exempts reciprocal tariffs on Consumer Electronics and other products, a major Bullish signal for Technology giants.
① The Trump administration exempted Smart Phones, computers, and other electronic products from "reciprocal tariffs," potentially benefiting Consumer Electronics giants like Apple and Samsung; ② The exemptions also include Semiconductor equipment and Integrated Circuits, but similar measures to Steel and Aluminum tariffs and Autos tariffs may still be encountered in the future.
Regulation of Technology and value-added tax cannot be discussed! The EU warns the USA: If an agreement is not reached within 90 days, taxes may be imposed on USA technology companies.
The EU is ready to expand the transatlantic trade war from Commodities to the service sector. If negotiations on tariffs with Trump fail, the EU will impose tariffs on American digital companies, directly threatening the advertising revenue of US Technology giants like Meta and Google.