TARIFF ECONOMIC ARMAGEDDON CRUSHING TECH: WEDBUSH 🔸 iPhones may rise from 1,000 to 3,500, slowing AI progress. 🔸 U.S. consumers will face higher tech prices. 🔸 Tariffs may cut tech earnings 15%, disrupt supply chains, and cause recession or stagflation. 🔸 Tech stocks face worst crisis in 25 years due to Trump tariffs in last 36 hours. 🔸 Reciprocal tariffs aim to match U.S. trade surplus, supported by auto, industrial, tech leaders. 🔸 Unlike 1980s, tariffs now hit tech trade, AI revolution, and global industry hard. 🔸 Silicon Valley relies on Asian supply chains for chips, hardware, components since 1990s. 🔸 40 years of global trade gave U.S. cheap tech; now 50% China, 32% Taiwan tariffs raise costs 40%–50%. 🔸 U.S. manufacturing takes 4–5 years to build, but labor costs are high, workforce unprepared.