China Chip Traders Grumble that Trump Tariffs Sent Orders Plummeting

The South China Morning Post (SCMP) on Tuesday found a sense of gloom settling over the vast electronics market of Shenzhen, China, as President Donald Trump’s tariffs pushed up prices and all but halted orders for computer products.

The SCMP talked with distributors in Huaqiangbei, a district of the tech hub city of Shenzhen that specializes in the chip trade. According to these distributors, prices for popular chips from major U.S. manufacturers skyrocketed by up to 40 percent after Trump’s tariffs were announced, killing demand for end-user products.