Why Apple Isn’t Panicking Over Trump’s Tariffs on Chinese Goods
As tensions between the U.S. and China flare up once again, Apple finds itself in the crosshairs of potential tariff hikes—but the tech giant doesn’t seem too concerned. With former President Donald Trump back in the headlines for proposing a 60% tariff on Chinese imports, many industries are scrambling to assess the potential fallout. Yet […]
At the beginning of the year, Tom Drummond—managing partner at San Francisco venture capital firm Heavybit—was only mildly uneasy about the political shakeups rippling through the U.S.
Fast-forward a few months, and that unease has turned into full-blown confusion. “No one knows what the hell is going on,” Drummond told WIRED, capturing the mood across much of the startup and investment world. The chaos was triggered on April 2, when President Donald Trump unveiled a set of so-called “reciprocal tariffs” that sent […]