trending Market Intelligence /marketintelligence/en/news-insights/trending/5XZrF9zCflgSMfRGleeyCQ2 content esgSubNav
In This List

S&P: US tech sector most vulnerable yet as tariffs set to hit iPhones, computers

Case Study

Identifying PPE Suppliers During the Pandemic

Case Study

A Government Agency Sharpens Its Focus On Transfer Pricing Strategies

Blog

Municipal CUSIP Request Volumes Climbs for Fourth Straight Month

Blog

European Energy Insights - May 2021


S&P: US tech sector most vulnerable yet as tariffs set to hit iPhones, computers

The latest proposed U.S. tariffs on Chinese goods would impact the technology sector more than previous tariffs because the new proposal covers many finished products with well-established supply chains that would be difficult to relocate, S&P Global Ratings said in an Aug. 5 research note.

The new tariffs would be leveled against Apple Inc.'s iPhone and computer products, as well as notebooks and desktop computers from Dell Technologies Inc. and Hewlett Packard Enterprise Co., among others.

"While we have not made any rating changes to U.S. tech companies arising from continued trade tension between the world's two largest economies, we recognize that any escalation will undoubtedly add to global economic uncertainty and further increase downside risk to the tech sector," the S&P analysts wrote.