After his second election as President of the United States, Trump has fully unleashed his destructive power on the global economic order. Japanese Prime Minister Shigeru Ishiba described the current situation as a “national crisis.”

US President Donald Trump has reignited trade tensions with 145% tariff on Chinese imports. Beijing responded in kind, imposing an identical 84% levy on US goods. The escalating trade war is rattling the global semiconductor supply chain and intensifying uncertainty across the tech sector.

The issue of reciprocal tariffs proposed by US President Donald Trump continues to escalate, affecting not only the economic and industrial development of various trade partners but also creating operational challenges for domestic companies. Taking Apple as an example, the company faces risks such as rising costs, declining sales, and potential supply chain disruptions due to relocations of components and manufacturing for its hardware products, including the iPhone. Additionally, with services now being Apple’s second-largest revenue source, any barriers to service trade imposed by other countries in retaliation could further hamper Apple’s operations.