Within the weeks since President Donald Trump was sworn in for his second time period, he has issued quite a few govt orders and a sport plan to return manufacturing to America.
With wingman Elon Musk, and the fledgling Division of Authorities Effectivity, the president has centered on diminished spending, new tariffs, employees cuts and threats to shutter authorities companies.
Here is what these modifications may imply for community managers.
It’s Tariff Time
In February, President Trump introduced the arrival of tariffs on semiconductors, autos and prescribed drugs.
Enterprises might want to preserve versatile, safe and dependable provide chains going ahead. Trump stated he plans to use a minimal 25% tariff on foreign-made chips purchased from makers exterior the U.S., which he believes will drive the semiconductor business emigrate to the U.S.
Many firms presently supply chips from firms in a number of international locations. These shopping for chips will possible face increased costs because the tariffs switch elevated prices to enterprises.
Keep reading this article in Network Computing, a DCN partner site
