US semiconductor chip makers most vulnerable to trade war

From aircraft to semiconductors, the share price of all manufacturers of U.S. goods fell on Wednesday. Prior to the Trump administration’s plan to impose tariffs on Chinese imports, China’s retaliatory actions resulted in many U.S. large companies facing escalation of trade disputes. risk.

Only 11 hours after the Trump administration proposed to impose a 25% tariff on some 1,300 kinds of Chinese industrial, technological, transportation and medical products, it was easy to counterattack and a similar list of tariffs was added, covering the soybeans of the United States. , Airplanes, Automobiles, Beef and Chemicals, and other important imported products.

China's revenue accounts for 24%

Although Trump has shown his disdain on Twitter, the U.S. government has hinted that there will be room for manoeuvre. The industries most affected by the trade war will include the U.S. technology industry, especially chip makers. Many of these companies’ share prices this month Interrupted by Trump's targeting of China.

According to the "Thomson Reuters" data, about 24% of the semiconductor companies under the S&P 500 Index have revenue from China. According to Qualcomm's documents, the revenue generated by China's customers and authorized businesses last year accounted for the company's total revenue. Nearly 60% of the time.