Trump's tariffs set to impact tech startups and climate initiatives, warn investors and experts
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3h ago
Trump's Tariffs Threaten Climate Tech and Data Center Ambitions
- Trump's tariffs are expected to deliver a big blow to climate tech, with experts fearing a downturn that could undermine progress on reducing greenhouse-gas emissions.1
- Analysts are concerned that the severe tariffs may harm America’s data center ambitions, indicating a potential negative impact on the tech industry.1
- Experts warn that Trump's tariffs could significantly impact climate tech and data center ambitions.
Technologyreview
8h ago
Background
- Investors worry that tariffs could freeze exit markets as companies hope to IPO or get bought.1
- Marcos Fernandez, cofounder of Fiat Ventures, stated that venture capital could face difficulties if tariffs lead to a broader market correction.1
- Hardware startups could be especially impacted by 54% total effective tariffs on goods imported from China.1
- Krish Ramadurai from AIX Ventures noted that tariffs may deter skilled foreign workers from coming to the US.1
- Trump's tariffs could lead to rising costs and fundraising struggles for tech startups relying on offshore operations.
- Investors worry that tariffs could freeze exit markets as companies hope to IPO or get bought.
- Hardware startups could be especially impacted by 54% total effective tariffs on goods imported from China.