Tariff policies impact both large and small businesses, spreading from the technology industry to the restaurant industry, affecting everyone.
- byVic

讀後心得
Trump's tariff policy, once introduced, has severely impacted high-tech companies, importers, and local restaurants, leading to significant price increases that have affected even non-investors. Many people's emotions are running high, with expressions of dissatisfaction surfacing. According to the San Francisco Chronicle, the CEO of a hardware company exclaimed in shock after checking stock prices post-market close, as the stock plunged 40% that day, marking the largest drop since its IPO. It's not just large tech companies that are affected; the restaurant industry is also suffering from the pressure of high costs and new tax burdens. A representative from the Golden Gate Restaurant Association pointed out that profits have once again been harmed. Many restaurant operators are actively reaching out to suppliers to address the anticipated rise in costs.
As soon as Trump's tariff policy was announced, it had a severe impact on high-tech giants, importers, and local restaurants. Stockholders suffered heavy losses, and non-investors were also affected by rising prices, with some unable to refrain from cursing. The CEO of a home goods retailer exclaimed when checking the company's stock price after the market closed, and then the company's stock plummeted by 40% the next day, marking the largest drop since its listing. 72% of the retailer's products come from Asian countries. One day, the drop in the US stock market was the largest since the COVID-19 pandemic, with a technology-heavy index falling by 6% and then by another 5.7%. The market capitalization of the two most affected companies, Apple and Nvidia, also evaporated significantly, with each losing about $400 billion. Smaller businesses also anticipate substantial increases in costs. The restaurant industry is already grappling with high labor costs and rising food prices, and the new tariff policy will further weaken already thin profits. A representative from a restaurant association pointed out that any cost-increasing measures will bring substantial financial pressure, as restaurant profit margins are already declining and cannot bear further cost increases. The chef of a Vietnamese restaurant quickly contacted suppliers to respond to the expected price increase upon learning of the 46% tariff on Vietnamese products. He stated that he does not want customers to feel that the meals are too expensive. The owner of another café in the downtown area sources various imported ingredients from local grocery stores, facing tariffs that are already at 10% and will soon increase to 20%. Although there hasn't been a significant impact on prices yet, it remains uncertain whether consumers will pay higher prices for their favorite imported goods in the future. A spokesperson for a grocery store stated that the store is still studying the potential impact of the 25% tariff on international imported goods and how to maintain price stability.