The impact of tariffs on the US technology industry is particularly severe

Golden Finance reports that during the early stages of the Trump administration, Silicon Valley experienced a sharp decline in valuations and delayed initial public offerings (IPOs). Alphabet、 Leaders of Amazon, Meta, Microsoft, and Uber have all made significant donations for Trump's second inauguration, both personally and through their companies. In the past two trading days, the seven most valuable technology companies in the United States have evaporated a total market value of $1.8 trillion. Due to concerns about the impact of a large-scale trade policy adjustment on the US and global economy, Wall Street is selling off risky assets, which has already affected the initial public offering (IPO) market.