Conclusion.

”While tariffs aren’t the root of a depression, despite what political mythology keeps recycling, the costs still land squarely on the backs of consumers and entrepreneurs. And now, courtesy of the 47th president, we’re getting a fresh round of economic self-harm wrapped in patriotic rhetoric. Call it what you like, but a tariff is just a tax in disguise, no matter how skillfully it's sold as a blow against foreign adversaries.

‘Liberation Day’ tariffs are poised to hit tech, media, and telecom (TMT) the hardest. Communications segments like interactive media and diversified telecoms, already highly exposed to China, could face brutal extra duty. Chemicals, too, are in the crosshairs. Meanwhile, textiles, dependent on Vietnam and India, are looking at penalising levies. In short: this isn’t a trade war. It’s a silent tax hike dressed up as economic nationalism.”

..

It’s not about the financial hit.. it’s the Chaos.  Businesses need a stable predictable climate.  In order to build factories.. and then recoup investments.

that’s the true problem.