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Retail, autos, tech: These are the US industries that could be walloped by tariffs on China

1. 145% tariffs proposed could raise iPhone prices by over 50%. 2. U.S. electronics imports from China valued at $146 billion in 2023. 3. Tech sector heavily affected, along with apparel and automotive industries. 4. Tariffs may lead to $182 billion annual increase in costs for the tech sector. 5. China's economy may contract 1.5%, while U.S. GDP could shrink by 1%.

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FAQ

Why Bearish?

Increased tariffs threaten margins for major tech companies, historically leading to lower stock prices.

How important is it?

High likelihood of impacting S&P 500 due to reliance on tech stocks and tariffs.

Why Short Term?

Immediate impact expected on consumer electronics pricing and investor sentiment, similar to past trade tensions.

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