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Ronald Reagan Warned That Tariffs Destroy Prosperity — Trump Is Doubling Them Anyway, And Now US Tech Giants Like Apple And Nvidia Are Bracing For Impact

Summary

Former President Ronald Reagan warned that tariffs "destroy prosperity," but in a stark reversal, President Donald Trump is doubling down on protectionist trade policies — a move that's now threatening to raise costs across the U.S. tech sector, from Apple and Nvidia to Amazon and Tesla.

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Article published on March 12, 2025 by benzinga