A chilling silence envelops tech executives as they brace for President Elect Trump's tariff hikes, which promise to reshape entire sectors, raising consumer prices and challenging the economy.
The looming tariff increases could significantly impact consumers, as executives warn that either they or corporations will ultimately bear the costs, despite political rhetoric aimed at job creation.
An anonymous tech exec emphasized that both Trump's tariffs and rising corporate taxes proposed by Democrats lead to increased costs for businesses and consumers, complicating the economic landscape.
Executives are cautiously optimistic about collaborating with the Trump administration to find a reasonable balance amid impending economic changes, stressing the need for strategic adaptation.
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