tariffs

The Big Tech are collapsing in the stock market. The question is which one that can best survive tariffs

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Since 2025 began, goal has lost 14.6% of its stock market value. It is just an example, because Nvidia already lost already 30% and Apple, the most affected by tariffs, has lost 33% of its market capitalization. In view of the situation, a thing is clear: all technological ones are falling. The question is whether any of them can better survive this debacle. A quarter to oblivion. The re -election of Donald Trump as president of the United States seemed to sit very well to technological companies. However, the decision to initiate a global commercial war has made the panorama change radically, and in these first months of the year the balance has been very negative for large technology companies. Apple, the one that goes worse stop. The situation was already bad, but yesterday USA announced some 104% tariffs for Chinese importsand that had an immediate impact on a particular company: Apple ceased to be the company with the greatest market capitalization in the world. Right now it is very close to Microsoft, which occupies the first place, but the markets of the market and the measures that the different countries are taking pose a future with a lot of movement in those market capitalizations. The “Seven-Ya-No-Tan-Magnifices”. Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia, and Tesla are the prestigious members of the group known as the “Magnificent seven.” These seven great technology are among the 10 most valuable in the world, but all of them have been especially affected by tariffs. However, there are better prepared than others to face this crisis. The hardware penalizes. One of the first side effects of tariffs will be the increase in production costs. This especially affects companies that have a strong manufacturing component of hardware devices. That is one Great disadvantage for Applewhich also manufactures in Asian countries in which tariffs are especially high. It is not the only one with that handicap: nvidia – which It depends on TSMC In Taiwan for much of the production of its GPUS— or Tesla —With China and Mexico as manufacturing partners – they will also be especially impacted in this section. And logistics chains. These tariffs are also an obstacle to the logistics chains of these companies. Geopolitical tensions could exacerbate these conflicts, producing delays in production or supply of materials and components. Apple is again a perfect example of this logistics complexity: globalization came from pearls, but this new situation does not favor its strategy. Amazon is another problematic case for its gigantic commercial network of physical products, many of which are imported from China. Microsoft can survive better. The company does not have a hardware -based business, and Azure, Office 365 or its video game platform (Xbox) are not so hardware dependent. The diversification of its income and its focus on cloud services favors its competitive position, and in fact is one of the least market capitalization has lost these months: 17.7%. Amazon also benefits from the strength of its cloud infrastructure with AWS. And the cloud, what. We have talked about how Microsoft and Amazon do not depend so much on the hardware and apparently that favors them, but you have to be careful, because their infrastructure and data centers depend on hardware components that will end up costing more (like everything) and impacting the business. Something similar happens with Google, centered almost absolutely on the cloud and services and that has a lot of weight not only in the US but in EMEA. The danger of tariffs to services. Among the reprisals that we can live in the next few days is that of the tariffs that the EU proposes for digital services. That is the great export of the US, and the Big Tech are their producers, so companies such as Alphabet, Meta, and to a lesser extent Apple, Microsoft and Amazon could be harmed. He Panorama for investment in AI is complicated Also, and Big Tech can be seen doubly threatened. Image | Egor Myznik In Xataka | The United States has been fantasizing with an “made in USA” iPhone. Now you will have one made in … India

The shadow name behind the US tariffs that have collapsed the markets is rum. The problem is that it does not exist

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Peter Navarro He has been the main commerce and manufacturing advisor with Trump twice, once in each mandate. His role in 2025: main architect of the Tariff policies implemented, advocating those significant rates about imports in virtually all countries, now and for a few hours, mainly to China. Behind the economy expert was a figure in the shadow, a name that had repeated in his books to justify the planetary impact of tariffs: Ron Vara. The only problem is that Vara … does not exist. Invent. History, as we will see, actually It is not newor not at all, but it has been the gossip of US media Thanks to Rachel Maddowwho explained in his television program that Vara is not only a non -existent figure, but his name is a “Navarro” anagram, a deliberate alteration that allows us to understand this creation as a kind of Ideological reflection of its author. According to Maddow, Navarro It was not limited To mention it once: he quoted it “again and again” as a reliable source in economic matters, and even attributed a memorandum that circulated in Washington after Trump’s victory, where Ron Vara affirmed that the then president could “ride the tariffs until victory.” The creation of a fictitious voice. The story goes back to 2019. Until then, Navarro, an economist with a doctorate at Harvard and a key figure of the most radically protectionist wing of the Trump government, had been a reference for years in the Anti-China Economic Speech In the United States. Author of multiple books, articles and documentaries, their influence grew in the heat of a rhetoric that presented Beijing as a systemic threat, both for the US economy and for its national security. However, in A revelation That caused perplexity in both the academic and politician world, it was discovered that Navarro had invented the character of Ron Vara, presented for almost two decades as his legitimate and reliable source of economic wisdom. Ron Vara was not a real person, but an anagram of the surname “Navarro” that the author used as a literary alter ego in at least five of his thirteen books. That invention, which was presented to the public without any clarification, was Discovered by Tessa Morris-SuzukiEmerita Professor of the National University of Australia, who, when investigating Navarro’s claims about China, noticed the recurrence of this alleged expert, of which there was no verifiable record. Navarrese Evolution of the fictional character. I counted then The Times that Ron Vara first appeared in 2001, in the book If it’s raining in Brazil, Buy Starbuckswhere he describes him as a veteran of the Gulf War with Economics Formation by Harvard, exactly as Navarro himself. Since then, the character was summoned as a source in later books, always with sharp, ironic or scathing phrases, which seemed to provide color and popular authority to the author’s argument. Over time, even ideas that Navarro had signed as their own were attributed retroactively to rod in later books, Like the warning “Don’t Play Checkers in A Chess World”, which appears under the voice of the character in The Well-Timed Strategy (2006) and Always to Winner (2009). As Navarro focused his attention on The conflict with ChinaVara also acquired an increasingly nationalist and alarmist tone, participating rhetorically in attacks against the Chinese productive and consumption system, and serving as a narrative bridge between academic discourse and a pseudocomic voice of common sense loaded with slogans. Vara as spokesman for truth. As Navarro’s writings became more ideological, Vara became a resource to reinforce ideas that bordered the conspiracy. In The Coming China Warsfor example, counted the times that cited him in a chapter dedicated to the alleged toxicity of the Chinese food chain, With phrases like “You’ve Got To Be Nuts To Eat Chinese Food.” In Death by Chinathe book and documentary that consolidated the image of Navarro as the great ideologist of the “Chinese danger” within the Trump administration, Vara appears with sentences that seem to synthesize the general thesis, as (Times appointment): “The manufacturing dragon is voracious.the colonial dragon is rementless. The American Eagle is Asleep at The Wheel.” Apparently, this stylization of the character not only sought to simplify complex messages, but also provide them with a varnish of popular authenticity. Instead of invoking studies or external sources, Navarro created its own voice that functioned as a catalyst for its arguments, disguising a personal opinion as an alien and validated observation. The reactions. When the truth was uncovered a few years ago, that Ron Vara was simply an invention, he not only caused reactions in the academic world, where the legitimacy of an author who hid fiction under the clothing of the dissemination would be, but also Among the colleagues themselves from Navarro. Glenn Hubbard, former presidential advisor and co -author of Seeds of Destructionhe declared that he totally ignored the fictitious nature of the character. Michael Pillsbury, expert in Chinese politics of the Hudson Institute and personal friend of Navarro, also SHe showed surprised: “I always knew that Peter was creative and imaginative, but I underestimated it seriously.” For its part, the University of California in Irvine, where Navarro worked as a professor before assuming his role in the White House, He demarcated of the matter indicating that the author no longer represents the institution, and declined to comment. Navarro’s response. Faced with the discovery, Navarro showed no regret or offered justifications. In statements To The Chronicle of Higher Educationcompared Ron Vara with Alfred Hitchcock’s cameos in his films, qualifying him as A “private joke” Finally discovered. Even in a later message Sent to New York Timeshe invoke his alter ego again: “As Ron Vara would say, ‘Relax and have fun reading the books.” Between fiction and reality. This carefree reaction contrasted with the seriousness of the act in the context in which it occurred: books presented as serious, often academic works, and with strong impact on the formulation of public policies. The line between the … Read more

If China wants to dodge US tariffs, Russia can teach you a shortcut: Kyrgyzstan

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In the middle of chaos that have generated United States tariffs, a theory as absurd as feasible Start circular. If in a few weeks we begin to hear that, for example, the Kyrgyzstan nation is shooting its exports suddenly and unexpectedly to the United States, it should not surprise us so much. It does not have to be Kyrgyzstan, of course, but, coincidences of a world more and more globalizedthe nation has become the protagonist for Russia … and China. Boom. To understand how a site like Kyrguistan It can be an important actor in a commercial war we must go back to the beginning of the War in Ukraine. Kyrgyzan’s economic panorama changed radically from March 2022. In a matter of months, country imports from traditional business partners They began to growhighlighting the case of China, whose exports almost tripled. However, the most striking phenomenon was the sudden rise of trade with countries with which Kyrguistan barely had previous economic ties. From different points of the European Union (such as Poland, Czech Republic and the Baltic States) began to register A wave of goods. In some cases, the increases were so extraordinary that it was difficult to assimilate. Data from the Institute of International Finance revealed that, between March 2022 and October 2023, German car exports and pieces towards Kyrguistan increased 5,500%. What the hell had happened? The Ukraine War. The date, obviously, was not trivial. Despite the striking of growth, the origin and destination of many of these goods was diffuse. On numerous occasions, the products are classified as coming from an “unknown” country and with equally “unknown” destination, which generated enormous opacity in commercial statistics. However, for researchers and analysts There was no doubt What is the true destiny: Russia. Far from representing a genuine boom of the Kyrgyse economy, that phenomenon was interpreted as proof of the efficacy of the Kremlin to avoid the international sanctions imposed after its large -scale invasion of Ukraine. According to the researcher Erica Marathassociated professor at the National Defense University of Washington DC, these commercial flows are part of a mechanism which facilitates the evasion of sanctions by Moscow, a mechanism that has been skillfully adopted throughout the region. Parallel imports. In May 2022, Russia promulgated legislation that institutionalized what it called “parallel imports“. This regulation allows the entry of sanctioned products through third countries, without requiring the permission of brand owners. It was enough to import products to another country (such as Kyrgyzstan) and then redirect them to Russian territory. The system was adopted quickly by Russian and foreign companies. In addition to conventional supplies, it also included “double -use” products: appliances, electronic components and other civil goods that can be de -slasamed and reused for military purposes. Between May and December 2022, Russia admitted to having imported 2.4 million tons of goods by a Value of 20 billion dollars Through this scheme. Kyrgyzstan map Kyrgyzistan, the epicenter. No doubt, the nation’s exports to Russia went from 393 million dollars in 2021 to More than 1,070 million in 2022. Not just that. The figures could be underestimated, since many countries (including Kyrgyzstan) classify large volumes of trade as appropriate or with “unknown” destination, using this emptiness as a legal loophole to channel goods towards Russia without raising formal suspicions. This practice, according to marath, It is not considered illegaland therefore the authorities feel comfortable ignoring it while receiving economic benefits. Plus: Kyrguistan is not the only country that facilitates the evasion of sanctions, but possesses particular characteristics that make it an ideal transit point. He is a member of the Eurasian economic union (EAEU), a block founded in 2015 that also includes Armenia, Belarus, Kazakhstan and Russia. This block guarantees the free movement of goods and services among its members, which significantly reduces The bureaucratic load For trade between them. The Chinese friend ”. And what does China look in all this? As we said at the beginning, coincidences of a world globalized And in the midst of a commercial war marked by the tariffs of the United States, China has also noticed Kyrguistan, although From another perspective. I told it This week The Economist: Although Beijing proclaims a cooperation relationship “back with back, shoulder shoulder” with Russia, in practice it is taking distance in a crucial aspect: the safety of its export routes to Europe. Yes, despite its geopolitical alliance with Moscow, China prefers not to depend on Russia to maintain the flow of its assets to the European continent, especially in a context marked by conflicts and sanctions. Solution? In December, the construction of an ambitious began officially Railway project that is going through Kyrguistan and Uzbekistan, with the aim of creating a direct route towards Europe that avoids the Russian territory. This new connection becomes more relevant to a possible intensification of the commercial war with the United States and the growing importance of the European market (China already exports more than America). The impulse. Although the railway project had almost three decades under discussion, its materialization only It was completed after the invasion Russian to Ukraine in February 2022. Before the conflict, the main railway routes to Europe passed through Russia, many times via Kazajistan. The war, however, raised security risks, triggered insurance costs and weakened the Russian rail infrastructure due to sanctions, forcing transport companies to look for alternatives. As a result, they began to deviate towards the call “transpian route“Or” Medium Corridor “, which is going through Kazakhstan and the Caspian Sea. Connecting the Chinese Railway Net A 520 km line that will consolidate this strategic option. Commercial Resilience. It is not the end of any “alliance”, because as The Economist toldChina continues to consider Russia as a pillar of its ambitious global infrastructure project (the Strip and the Route initiative, launched in 2013 by Xi Jinping), its current enthusiasm by the middle corridor responds rather to economic interests. China’s growth, increasingly dependent on exports, has lost impulse, and guaranteeing stable roads … Read more

The Big Tech have played their whole future to AI. Tariffs are going to test that bet

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The world economy makes waters. The geopolitical and economic hurricane called tariffs It is affecting especially to large technology companiesthat fall remarkably in the stock market. There are many problems derived from that value of value of the Big Tech, but among them there is a remarkable one: the future of AI. Apple in low hours. The tariffs have just entered into force, but it is also that the US has officialized the 104% tariff to China. The global commercial war intensifies, and has already left a great loser: Apple has ceased to be the most valuable company in the world. This is the current situation of companies with the greatest market capitalization on the planet. Source: CompaniesMarketcap The great AI actors, in danger. But curiously Apple has not invested much less in AI and its rivals. Microsoft, Nvidia, Amazon, Google and Meta have suffered significant losses in recent weeks. Tariffs have been the decisive factor so that in 2025 they accumulate a negative balance that goes from 14.6% of the 33% of Apple according to data according to data from CompaniesMarketcap. This is not about the debated “AI bubble”. It is true that all AI companies have wanted to sell us the message that this technology was going to change everything. At the moment that has not happened and some talked about a potential “AI bubble“, But what is happening with tariffs is something very different, and does not help at all the future of this discipline. This table, created on February 10 for Xataka, indicated the market capitalization percentage that Big Tech would dedicate to capital expenses (CAPEX). The photo has changed in terms of the percentages, and we will see if it also does it as to those amounts. Capex in danger. Two months ago we talked about how Apple was the company that Less capital expenses (CAPEX) would have in 2025. In front of it, colossal investments and a common discourse: almost all those thousands would be focused on creating data centers for AI. Now those investments are in danger, because all these Big Tech can end up disincurning to mitigate the effects of tariffs on their account books. The AI ​​was already expensive, and now it will be more expensive. Being able to take advantage of the functions of AI means using the enormous resources of the data centers of those Big Tech. If the tariffs cause the dreaded and expected price increases in these infrastructure, that will make it cause Use ia more expensive For users and companies, which can lead to a drop in its use and a slowdown of its development. If everything is more expensive and the expense is trimmed, so does innovation and work in new AI models. Fear of investing. Investment companies, such as risk capital, can also be very affected by this panorama and start Measure very much Your future investment in AI startups. That is another danger to the evolution of a market that until now had taken advantage of Optimism and unbridled expectations about AI. And without so much investment once again the appearance of new startups and the rhythm of innovation can be clearly braking. Risk of recession. The consultant JP Morgan I already esteem that the risk of the US to enter recession in 2025 is 60%. In these periods, companies prioritize financial stability over innovation, which can decelerate the pace of technological innovation. A study A year ago of Deutsche Bundesbank and the Bank of Finland showed how a 1% drop in GDP can reduce investment in innovation to 0.3%. Precisely JP Morgan revealed that US GDP could fall 1% in the third quarter of 2025 for this circumstance. Image | Jamie Street In Xataka | The Copilot+ PC promised a revolution. I have tried one and for now there are more promises than realities

will put tariffs of 84% to all imports from the US

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Yesterday Donald Trump fulfilled his threat and The 104% tariff formalized China. The Asian giant has not been intimidated and has just announced his response, which is remarkable and expected: US imports in China will have tariffs that pass from 34% to 84%. It is a spectacular and apparently equivalent increase that the Trump government announced, but it is important to contemplate the news with perspective. China responds. The Chinese Office of the State Council for Tariffs Commission Indian that tariffs in goods imported from the United States will become 84% instead of 34% previously announced. These tariffs will be activated on April 10. If you go up, I too. This Chinese counterattack in the commercial war unleashed by the United States is a clear response to the increase announced yesterday by the Trump administration, which indicated that the products imported from China would have tariffs that would go from 54% to 104%. These tariffs are activated today, April 9. According to the Chinese Ministry of Economy, “The US practice of increasing tariffs to China is a mistake after another, which severely violates China’s legitimate rights and interests and seriously damages the multilateral trade -based trade system.” But the US matters much more than China. The problem, however, is more serious for China. Data from the US Commercial Representative Office reveal That in 2024 the United States exported goods worth 143.5 billion dollars, while importing goods worth 438.9 billion dollars. A worrying takes and daca. China buys much less than it sells to the US, which makes this tariff adjustment, although significant, does not affect the US economy so much. Scott Besent, US Treasury Secretary, explained In Fox Business that “I can tell him that this climb is loser for them.” However, this only contributes to this dangerous domino effect whose consequences are unpredictable. The bags tremble. This new episode of the global trade war raises new devastating effects on the bags of the entire planet. We have seen it In Taiwan’s bag And now this announcement begins to cause downward reactions in the merccands. As indicated in fifitionsthe Ibex 35 already drops 3.5%, in Asia the Japan Nikkei has fallen 3.78% and now it remains to be seen how they receive this news on Wall Street. Image | Gage Skidmore | Wikipedia In Xataka | There is a clear winner with the 25% tariffs to the car: it is called byd and represents everything that China has to win

If the question is “how tariffs are going to affect the price of mobiles”, none of the answers is optimistic

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If you are wondering if the phones are going to rise in price in this scenario of Tariff warthe most honest answer in a “we don’t know.” But the most predictable “is practically impossible not to do so.” Apple and Samsung, two of the main names in the middle of this storm, They can completely move the current price photography as we know it. Although the phones from China can better alleviate the storm, the tariff war will also have an inevitable impact on its strategy. So if you were doubting to renew or non -device waiting for this conflict to be resolved, doing so is no longer a bad idea. The Apple case. Apple is, by far, The most affected manufacturer of this commercial war. Trump is convinced that it is possible to achieve 100% national manufacturing, but this is nothing more than a utopia. Apple has been with a strong agency for China for years to manufacture its devices, although trying to Diversify production chain betting on countries like India or Vietnam. Despite this, 80% of the iPhone continue to manufacture in China, a figure that will simply inevitable that Apple does not raise prices if you want to remain profitable. In a 54% tariff scenario, it was already raised as unassumable to absorb part of them to minimize the rise. With a 104% Apple tariff you need to move a file in another direction: get the manufacture of China. The Samsung case. Samsung is the most affected Asian firm by the commercial war, although the having moved the production chain mainly to Vietnam It will help you partially alleviate the situation. But there is no miracle: Samsung no longer manufactures in China, but Vietnam is also in the sight of Tru The company has been betting on this territory for almost 20 years, having minimized its dependence with China. However, the Vietnam tariff is 46%, the third highest after China and Cambodia. The US case. In the United States the photo is complicated for every national manufacturer that manufactures outside the country, such as Qualcomm. This semiconductor giant delegates to TSMC (Taiwan) the manufacture of its chips. Inevitable increases. These two cases are the most extreme, drawing a more than possible scenario of global ups. Except Milagro, it seems impossible to assume a 104 and 46% tariff in imported products from China and Vietnam to the United States, a situation that can only be solved by rethinking the product strategy in the rest of the markets. Moving production chain outside these countries is not profitable either. If Apple, Samsung and the rest of the manufacturers have been focusing on Vietnam or India for years, it is due to the cost of their qualified workforce. Produce outside and keep prices is pure science fiction. Chinese mobiles. Chinese manufacturers have been with a very clear strategy in the United States for years: not selling mobiles in the United States. Only some names such as OnePlus, TCL or Motorola sound with some force in the country, especially in the case of Motorola (property of the China Lenovo), third manufacturer there. Saving the Motorola case, with mainly China manufacturing and a little flattering scenario if you want to continue importing products from there, Xiaomi, Oppo, Vivo or Huawei do not impact this measure so directly. They are manufacturers that have been focused on both their local market and markets outside the United States. With overwhelming success, by the way. What will the climbs will be. The question we would all want to answer, and the one that will mark a new photograph in the global smartphones market. For years, the price of the iPhone has depended on the strategy in the United States plus the corresponding taxes and fees to be paid by bringing it to other countries. Apple will have more than complicated to maintain its historical rate of $ 999 for the pro model, a strategy that It would affect the global price. The rise in the United States, however, does not have to move exactly to other markets. The price of the iPhone will have to adapt to the new Apple calculations. Some in which you will need to juggle your margins so as not to cool the demand. An inevitable situation. The problem, despite the slightest tariff, is identical for Samsung. It faces a global readjustment scenario to alleviate the situation in the United States, where It is currently the second manufacturer. The situation of the rest of the manufacturers does not seem much better. Although Chinese manufacturers do not sell their mobiles in the United States, there is the presence of televisions, monitors, home products and more technologies. The doubt is whether they will absorb this impact by increasing the price in products of these categories, or if they will bet on a generalized increase, included smartphones (something very sweet, by sales volume of this segment), to square their accounts. Demand as a key. A basic law of the free market is that there is no price increase without demand. Manufacturers face a more than complex scenario: they need to raise prices to remain profitable, but consumers may not be willing to accept them. The smartphones market has been facing constant uploadsboth in devices prices and in The components and logistics costs. However, the Consumer tolerance margin It seems to be reaching its limit. We still do not know what the roof through which buyers are willing. Tariffs aim to bring us the answer. Image | Xataka In Xataka | China is doing business with tariffs in the most unexpected way: Reversing American gas to Europe

Tariffs are already being charged to their first great victim of the global economy: the price of oil

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In this tariff war, China He has decided to get back to the United States with tariffs of 84% to all imports. A blunt response of the Asian giant, which has charged its first victim by crossfire: oil. Price drop. The price of barrels is below Los 60 dollars and going down. As He explained Energy expert Javier Blas, the oil market is going through a perfect storm: on the one hand, the fall in global demand as a direct consequence of the tariff war, and on the other hand, The answer a few days ago of the OPEC+ to continue producing more, which causes the offer to continue increasing. If this situation extends, it could evolve towards a real supply shock affecting two giants. The matter is more complex. OPEC+ decided to increase its oil production despite the fall in prices due to tariffs and concerns of a global economic slowdown. The organization I was looking to recover the market share I had lost due to the previous cuts. In addition, the growing production of non -member countries and Failurers of the rules to raise the offer. It will be very expensive. In all this situation, Saudi Arabia is one of the affected giants because in its recent projects it is diversifying its economy with the initiative, Vision 2030. It is betting on an economic model that is disconnected from oil, but It is still your currency To continue financing their mega -structures, such as Neom. As have indicated from Reutersthe fall in prices threatens to cut tens of billions of state dollars, as is already being seen in the stock market of the state oil company, Saudi Aramco. The impact is capital, since Riad can be forced to increase his indebtedness or postpone large infrastructure projects. In fact, according to the same news agency, the International Monetary Fund has estimated that Saudi Arabia needs prices greater than $ 90 per barrel to square its accounts. The other giant. The fall in prices takes with him another great economy ahead: Russia. As He has warned for Reutersthe governor of the Central Bank, Elvira Nabiullina, that the escalation of tariff wars represents a clear risk for Russia due to the fall in crude oil prices. In his words, the continuity of the commercial conflict reduces global trade, slows down the world economy and, consequently, decreases the demand for Russian energy resources. In fact, with the current situation of war, the dependence of Moscow of oil and gas is key, but the data is showing how in March 17% fell and it is expected that in April it will continue to descend. From Moscow. Kremlin spokesman Dmitri Peskov has acknowledged that the oil market is going through an “extremely turbulent” situation, derived from commercial tension caused by the United States. Meanwhile, the price of raw Urals, the Russian referent barrel, is dangerously approaching to the threshold of 50 dollars By barrel, the lowest level in almost two years. As Oilprice has had accessRussian authorities have indicated that a technical fiscal rule will help mitigate the effects on the budget, but oil prices are in free fall. Forecasts. The price of oil can continue down with all the situation that is being experienced: wars, sanctions and territorial instability. All this affects perception Investor risk and without a clear OPEC+ response the price falls without brakes. Image | Javier Colmenero Xataka | For great technological tariffs are an existential threat: their empires depend on the “world system”

The EU moves token and approves its retaliation tariffs to the US: we already know when the counterattack will begin to be applied

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The commercial war between the United States and a good part of the world is no longer a latent threat: it is happening, and Europe is part of the board. In recent times, the Donald Trump administration has launched three direct offensives against the European Union. First imposed 25% tariffs on steel and aluminum; Then he did the same with the cars, And now he has added the so -called “20% reciprocal tariffs”. Brussels has decided to answer. First firm step. The answer has already begun to take shape. The Member States of the Community Block The first commercial countermeasted package against the United States has just approved. The proposal was treated this Wednesday and received a majority support. From the European Commission they have not left doubt: they consider that Washington’s tariffs are “unjustified and harmful” and that “cause economic damage to both parties, as well as the world economy.” {“Videid”: “X8WLH9Q”, “Autoplay”: False, “Title”: “United States vs. China: The chips war”, “Tag”: “Webedia-prod”, “Duration”: “1611”} The details, still to be known. The Commission has officially confirmed the approval of these measures, but has not detailed the concrete percentages or the products that will be affected. That information will be announced in the next few days through a formal ad. However, media such as The New York Times, which accessed the documentation related to the voting, They assure that these are 10% and 25% tariffs on a wide range of categories. Appliances, vessels and even dental thread. These percentages coincide with the information published this weekwhere it transpired that the European package would reach consumer and leisure goods, such as appliances, motorcycles, recreation vessels and cards, in addition to food products such as sausages, poultry and other agricultural products. Personal care articles would also be included, such as dental thread. Date indicated in the calendar. Although formal steps are still missing, such as the publication of the act of execution, the European Commission has already advanced the key date: “Rights will begin to be raised as of April 15,” According to the institution itself. That is, the countermeasures will be effective within a few days. The dialogue continues on the table. The movement does not imply a total closure to the dialogue. From Brussels they have stressed that Member States maintain the intention of negotiating with the US administration, although any agreement must be based on “balanced and mutually beneficial” conditions. In that line, the Commission has confirmed that the countermeasures “can be suspended at any time.” In Xataka China has no intention of backing: it will put tariffs of 84% to all US imports Who will really pay these tariffs? The answer is that you possibly impact consumers. “Tariffs function as taxes applied to imports”, Remember the Tax Foundation. “In practice, that additional cost is rarely assumed by companies: it ends up impacting directly on the consumer pocket.” If nothing changes, we will see more expensive American products in the European market. Images | European Parliament | The White House | Alexandre Lallemand In Xataka | The international wine market was already broken, but a single idea has put it against the ropes: 200% tariffs (Function () {Window._js_modules = Window._js_modules || {}; var headelement = document.getelegsbytagname (‘head’) (0); if (_js_modules.instagram) {var instagramscript = Document.Createlement (‘script’); }}) (); – The news The EU moves token and approves its retaliation tariffs to the US: we already know when the counterattack will begin to be applied It was originally posted in Xataka by Javier Marquez .

They are better after US tariffs

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The tariff war that has triggered The administration led by Donald Trump It is already benefiting some companies from China. At the current situation it is surprising that there are companies that are strengthening despite The uncertainty that campaates to your wide In essentially all markets, but there are. One of them is the Chinese supplier of semiconductors and components for chipsea technologies (Shenzhen) corp. cars and its actions They have risen 4.38% in the Shanghai bag despite the chaos we are living. However, this is not at all the only Chinese company that is going better after the US tariffs than before its deployment. The PANV Microvent Tech actions, which manufactures sensors, instrumentation and electronic cars, They have risen a few hours ago 5.29% In the Shanghai bag. And those of solar trine, which produces photovoltaic panels and batteries, have increased 3.11%. A priori it is surprising that some companies of One of the most affected countries For the US tariffs they are going well, but it has a very interesting explanation. China has something crucial in its favor: a huge market In the country led by Xi Jinping there are also companies that are not going better after the arrival of tariffs. Shanghai Baolong Automotive shares, which is dedicated to the manufacture of valves for tires, exhaust pipes and other car components, have fallen 6.97% in the Shanghai bag. And those of Zhejiang Yankon Group, which specializes in the tuning of lighting components, such as low consumption LED lamps, have reduced 5.61% in Shanghai. Those companies that are held above all thanks to their income in the Chinese market are being favored What is happening in China has a very clear explanation: those companies that are maintained above all thanks to their income in the Chinese market are being favored by the possibility of monopolizing the sales of their foreign competitors, especially if they are Americans. This is exactly what is happening to the Chinese company Pan Asian Microvent Tech and the American company WL Gore & Associates. These two corporations compete in many markets. Also in the Chinese. WL Gore & Associate The tariffs with which the Chinese government He has responded to his American counterpart. In these circumstances, of course, the alternative solutions that Pan Asian Microvent Tech places will be more competitive. This is the reason why the actions of this last company are uploading in the Shanghai Stock Exchange. This statement from a Microvent spokesman for its investors Express clearly What is currently happening: “Our products have a more attractive price than those of Gore (…) If China imposes a 34% tariff on all US imports the competitiveness of our products will increase.” In these circumstances, even Chinese companies whose actions are falling, such as Shanghai Baolong Automotive or Zhejiang Yankon Group, They contemplate the immediate future with serenity. After all, they have the opportunity to take refuge in the gigantic Chinese market. And, in addition, these two companies in particular They have anticipated that they will transfer the cost derived from US tariffs to their US clients. Image | Helmy Zairy More information | SCMP In Xataka | China already has its own alternative to HDMI and Displayport interfaces: it’s called GPMI and reaches 192 Gbps

The international wine market was already broken, but a single idea has put it against the ropes: 200% tariffs

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13%. That is the magical figure because, given the uncertainty of what will happen to the tariffs, that is what the “main consumer country in the world“For Spanish wine. In 2024, to get an idea, they were sent 97 million liters valued at almost 400 million of euros. That’s why The announcement of a 200% tariff and the letter of the United States wine alliance (USWTA) recommending “Sorted to US companies that They suspend all the shipments of wine, liquors and beer from the EU “has fallen like a jug of cold water in a sector that was already very scrambled. And that has not even been a big surprise. In December 2024, after Trump’s choice, Exports fired 23%. And, during these months, many Spanish wineries have been protecting preventively anticipating the sending of reserves to American soil. What has surprised has been the entity of the coup: no one expected a 200% tariff and, although was suspended, As I pointed out Jose Luis Lapuente, general director of the Denomination of Origin of Rioja, “much more harmful than tariffs itself is uncertainty, not knowing.” That is precisely what is behind the USWTA letter: despite its efforts so that tariffs do not apply to goods that are already in transit, the US government has refused to give a clear answer what it will happen. If companies do not suspend shipments, they could meet huge losses overnight. “Deep concern” Last Thursday, the Brussels Regions Committee hosted an emergency meeting of the intergroup of wine to ask the commission to “take out the wine from the tariff war.” And, a priori, it seems that the pressures have had an effect because the union left out of his countermeasures to wine, sparkling and the American bourbon. In this context, it is not only to avoid more reprisals from the White House and prevent European wine sales from collapseing in the US, it is about Protect huge investments that the sector (and union) have done in the North American market during the last decade. “The tariffs announced by the US are totally unjustified in the particular case of the wine if we consider that currently the tariff difference between the rates that apply the EU and the US is minimal,” reasoned the general director of the Spanish Federation of Wine, José Luis Benítez. However, we have already seen in recent days that the Trump administration strategy is difficult to understand. In fact, it is a measure that does not convince anyone … “This will be great for wine and champagne businesses in the United States,” Trump wrote when he threatened with the 200%tariff. However, not all American producers They agree. Because, although it is true that the price increases can ‘rekindle’ the interest in the broths of the country, we talk about a fragile sector, overloaded and very touched by the fires and droughts of the main producing area, California. Not only that. As John Williams explained at CNNfounder of Frog’s Leap, a winery in the Californian Valley of Napa, US wineries are just a very small part of the commercial chain. If tariffs harm distributors, the problem will be rapidly generalized. In the end, “we all depend on the same distributors. The health of these companies is important for wineries around the world,” said. … and that can become counterproductive. Because, the American tariff system has peculiarities that can end up running the market completely. The clearest example is that “the US customs and border service. offers reimbursements of certain rights, taxes and fees paid for imported items, provided that the company exports similar articles. ” That is, the big distribution platforms can end up flooding the most expensive European products market as a strategy to compensate for the price of tariffs. Although, in reality, the background problem is another. That world wine is going through a very bad time. In September 2023, Luigi Moio, president of the International Wine Organization, climbed into a gallery in the heart of La Rioja and said “Vineyard’s start was something inevitable.” And it’s not just La Rioja, of course. In France (which can serve us as proxy of what happens in the international sector), already It has been assumed That 100,000 hectares of vineyards will have to be started – in fact, they have launched a plan to start about 30,000. It is the only way that the sector finds for a devilish situation: that the sector does not stop growing, but These floods “They are not enough to cover production costs and farmers’ needs.” And in that context, tariffs arrive. Are we facing a? Image | Chuttersnap | Mika Baumeister Xataka | We already knew that Spanish wine was on its way to collapse. What we didn’t know was that drought was going to accelerate it so much

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