Topic: global trade tensions
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European Tech Sector Braces for Impact from Trump Administration Tariffs
Europe’s tech industry has warned that the Trump administration's trade tariffs will harm software startups and hardware businesses.
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Why Hardware Startups Like Roombas and E-Bikes Are Failing
A cluster of hardware company bankruptcies, including iRobot, Luminar, and Rad Power Bikes, reveals a sector under severe strain from trade tensions, overseas competition, and fragile supply chains. Each company failed for distinct reasons: iRobot lost a critical acquisition, Rad Power Bikes was ...
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Musk Assures Tesla's Survival Despite Operating Margin Drop to 2%
Tesla managed to maintain profitability in Q1 2025, but only narrowly, due to significant declines in production and delivery numbers. Total revenues decreased by nine percent compared to the previous year, reaching $19.3 billion in Q1, with automotive sales seeing a 20 percent year-over-year dec...
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