bracket magazine korea

U.S. tech companies are facing mounting economic challenges due to tariffs on Chinese imports, a policy initiated during Trump's tenure and continued under Biden's leadership. These tariffs, which are part of a persistent trade conflict between the two major world powers, have greatly impacted the technology sector, which extensively depends on China's manufacturing and supply networks for both parts and completed goods.First rolled out in 2018 to tackle trade disparities and alleged unfair practices by China, the tariffs aimed at a broad array of goods, many of which are vital to the tech industry. Items like semiconductors, circuit boards, and other electronic parts essential for devices ranging from smartphones to data servers were included in those subjected to extra duties. Although t...

Previous U.S. President Donald Trump has reaffirmed his stringent approach to trade by warning of substantial duties on wine and champagne imports from Europe. This recent action in the enduring conflict between America and the European Union has the potential to further deteriorate economic relations and impact major sectors across both regions.The suggested tariffs, which Trump has suggested might be substantial, are part of his claimed initiative to tackle trade disparities between the U.S. and the EU. Although exact numbers haven't been revealed, analysts predict that the tariffs could rise to a point that might greatly affect the European luxury market, especially wines and champagnes, which are key exports for many EU countries.While in office, Trump often condemned the EU for what h...