Canadian Hardware Makers Face Tariffs

This is a Canada news story, published by CityNews, that relates primarily to FTEX news.

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tariffs

CityNews

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Technology

Canadian chip and hardware makers brace for tariffs, seek domestic support

Summary

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73% Informative

Canadian chip and hardware makers brace for tariffs, seek domestic support.

Canada would be better off fending off the impact of possible tariffs and setting its tech companies up for the long-term by looking inward, they say.

Most global companies rely on Taiwan , South Korea , China and Japan for manufacturing because chip factories, their machinery and the production process can cost billions of dollars .

Canada does n’t have a national semiconductor strategy.

FTEX ’s clients may not be unscathed in Vietnam because the country has a large trade imbalance with the U.S. Companies like FTEX have watched many of their clients move production to Vietnam and away from China .

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful