Europe’s tech industry is bracing for impact after the Trump administration announced sweeping tariffs yesterday. The US slapped a 20% tariff on imports from the EU — twice the rate for the UK. Switzerland fared even worse, receiving a hefty 32% levy. Several European tech firms, investors, and analysts told TNW that the measures could disrupt supply chains, force pricing adjustments, and st [...]
As Elon Musk was saluting Donald Trump in the US Congress yesterday, the South African’s divisive politics were opening new doors to his business rivals in Europe. Musk’s role in the White House had already been linked to Tesla sales and stock tanking. Now, the repercussions appear to have spread to SpaceX. The fallout centres on the company’s Starlink satellite internet service. The network [...]