The impact of tariffs on the US technology industry is particularly severe.

[The Impact of Tariffs on the US Technology Sector is Particularly Severe] In the early days of the Trump administration, Silicon Valley already faced significant valuation big dumps and delays in IPOs. Leaders from Alphabet, Amazon, Meta, Microsoft, and Uber made substantial donations for Trump’s second inauguration, both personally and through their companies. Over the past two trading days, the total market capitalization of the seven largest tech companies in the US has evaporated by $1.8 trillion. Fears of widespread trade policy adjustments impacting the US and global economies have led Wall Street to sell risk assets, and this effect has already reached the IPO market.