Tariffs, Trump and tech: markets roiled by global shifts - Jul 16, 2025

Prysmian Daily News Update · Jul 16, 2025 · 2m

As of July 16, today’s news is dominated by geopolitical uncertainties affecting various sectors, particularly in technology and energy. ASML, the leading supplier of chip-making equipment, announced that it may not achieve its growth targets for 2026 due to ongoing tariff uncertainties impacting U.S. chipmakers. Shares in ASML dropped by 7.8%, causing a ripple effect among competitors like ASM and Soitec, as executives expressed the need for clarity in tariff implications before proceeding with significant investments. Meanwhile, Donald Trump is likely to fire Federal Reserve Chair Jerome…