SuperMicro CEO Charles Liang shares with CNBC how tariffs are shaping the company’s future and the risks that may lie ahead.
In a significant economic shift, U.S. imports saw a sharp decline in April, possibly signaling the initial impact of new tariffs on trade. The 20% tumble in goods imports raises concerns about the long-term effects of trade policies on the U.S. economy.
U.S. stocks continued their upward trajectory this week, buoyed by a temporary trade truce with China and encouraging signs of easing inflation. However, concerns loom as major companies warn of rising costs due to tariffs.
Tesla’s stock is on the rise as CEO Elon Musk refocuses his attention on the company. Despite investor optimism, Tesla faces significant challenges—including tariffs, an evolving electric vehicle market, and a history of delays on new products—that could impact its future performance.
As tariffs take effect, China’s major port cities of Shanghai and Guangdong are experiencing a noticeable slowdown in traffic, according to reports from Chinese exporters and port officials. Factory production in some areas has virtually “ground to a halt,” signaling significant impacts on the nation’s economy.
Stocks of major U.S. chipmakers, including Intel and Texas Instruments, are declining as investors react to China’s latest tariffs against the U.S. Concerns over domestic manufacturing footprints are fueling market anxiety amid ongoing trade tensions.
An analyst predicts that producing iPhones in the U.S. could triple their price, suggesting that domestic manufacturing may be a costlier alternative to tariffs. Consumers might face unprecedented costs regardless of where iPhones are made.
