Donald Trump I knew what he was doing. The president of USA He wanted to use his possession to send a clear message of power and thus orchestrated an image for history. Just behind his family, and even ahead of the members of his cabinet, he placed the great magnates of the technology industry. From Elon Musk a Mark Zuckerbergthe Titans of the sector prostrated themselves in public and held out the man who had despised them for years. By ideological conviction or for pure economic interest, the staging illustrated the new alliance between Trumpism and the oligarchy of Silicon Valley.
Less than three months later, the idyll begins to crack. Tariffs imposed last Wednesday for the White House They have torpedo the world economy, unleashing a stock market that also drags technological giants and threatens to become an incurable wound. Since then, Alphabet (Google), Amazon, Apple, Meta (Facebook), Microsoft, Nvidia y Tesla a collapse that responds to fear of a highly probable setback of your business.
With that tariff coup, Trump intends to force its business partners to negotiate a new agreement that benefits the US. Part of the technological industry sees in that blackmail tactic an opportunity to weaken the regulation of allies such as the European Union, according to lobbyists to politician.
However, tariffs can especially harm American giants. The calls Big Tech depend on countries such as China, Taiwan, India o Vietnamin which electronic components such as semiconductors “Indispensable for both.” Mobile as for the artificial intelligence– And some of their star products such as the iPhone. The imposition of rates ranging from 27% to 46% threatens to shake the global production chain, severely increase the import costs of these companies and, therefore, weaken their business. The possibility that Commercial War trigger one recession world economic and reduce the demand for technological products predicts an even worse scenario.
Musk criticizes tariffs
The fear of this economic earthquake has led Musk, Trump’s main ally and visible face of his cuts program, to publicly renege the measure. On Sunday, the richest man in the world asked during his participation in the Congress of the Italian Ultra -Right Party Liga “to move towards a situation of zero tariff” and the creation of a free trade zone with Europe. A day before, he had used the social network X, of his property, to criticize Peter Navarro, the main counselor of Commerce and Manufacture of the Trumpist Administration. Tesla’s shares has fallen by 9.51% since the announcement of tariffs, although its strong fall so far this year – 38% – it is also due to its alliance with Trump.
Although no technological leader has spoken as clear as Musk, restlessness grows in the sector. As alerted by Aaron Levie, executive director of the company of cloud Box, Silicon Valley’s mandamases fear that tariffs imposed by Trump to scrub US innovation. The well -known technological analyst Daniel Iives, of the financial firm Wedbush Securities, said that new rates “will go back to the American technological world a decade … while China will be the clear winner.”