AdvertisementTrump's proposed tariffs could raise costs for hardware startups making physical goods.
Hardware startups rely on a host of manufacturers that are mostly based in China.
When China-based manufacturers ship the final products back, the hardware startups may get hit with levees of up to 60 percent on goods from China, according to Trump's statements during his campaign.
AdvertisementThe impact on startups: 'We're done here'In the aftermath of Trump's election win, euphoria is sweeping through the business world.
AdvertisementHe said he's worried about the potential for Trump tariffs to spark a recession.
Persons:
Donald Trump's, Nikhil Basu Trivedi, Jared Friedman, Combinator, Friedman, Graham Anderson, Marc Andreessen, Elon Musk, Bradley Tusk, Santosh Sankar, Trump's, Tim Cook, Cook, Donald Trump, Ivanka Trump, Steven Mnuchin, Mandel Ngan, Alan Deardorff, Trump, Deardorff, he'll, Lea Suzuki, Spencer Penn, Tesla, Penn, —, Chris Van Dyke's, he's, Van Dyke
Organizations:
Investors, Elon, Washington Post, Washington, Dynamo Ventures, Apple, Trump, Mac, Getty, Big Tech, University of Michigan, Tesla, San Francisco
Locations:
China, Asia, When China, Flexport, Austin , Texas, AFP, Fremont , California, Europe