TAIPEI/SEOUL/HONG KONG — From higher China tariffs to pressure to invest in America, tech companies across Asia are bracing for the impact of Donald Trump’s return to the White House after the former president secured reelection by a decisive margin.
Businesses have already been speeding up their shift of capacity away from China this year in an attempt to mitigate geopolitical risks under a second Trump administration, according to suppliers to Apple, Tesla, Google and Nintendo. In addition to pushing companies to invest in the U.S., Trump is also expected to impose more tariffs on China, tech industry executives told Nikkei Asia.