Shares of major world technology companies such as Apple, Microsoft, TSMC, NVIDIA and Amazon fell again this morning following uncertainty over tariffs imposed by the United States on products imported from China. Apple shares, for example, fell by almost 4%, causing the company's market value to fall below $3 trillion, which it reached just a few days ago.
The uncertainty is because the Trump administration will announce new tariffs on semiconductors and begin an investigation into the supply chain of semiconductors manufactured outside the United States. New tariffs of up to 245% and above China and China stopping exports of earth and magnetic elements also contributed to the decline in the global stock market.
There is also a risk that the United States will face higher fees to justify selling chips to China or a policy prohibiting exports in a drastic manner that would certainly harm companies like NVIDIA and AMD. The trade war via tariffs between China and the United States still does not show that it will subside in the near future because the leaders of both countries are still reluctant to sit down at the table to resolve it.