US tariffs: how Trump’s tax is hitting Big Tech and beyond
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‘The challenge is not the tariff itself, it’s the uncertainty.’
So says Lenovo CEO Yang Yuanqing in an interview with The Wall Street Journal, arguing the company can “adjust quickly” to tariff changes, but only if it knows “what the end game is.”
Yuanqing estimates tariffs have cost Lenovo more than $15 million, even with exemptions for computers and phones, and says that while the company won’t stop manufacturing in China, it may diversify to become more “resilient.”
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