摩根士丹利：科技硬件行业-亚太地区美国对等关税的影响-谁有议价能力

April 7, 2025 12:32 AM GMT Greater China Technology Hardware | Asia Pacific Implications of US Reciprocal Tariffs - Who Has the Bargaining Power? No tech hardware companies are immune from US reciprocal tariffs, which likely lead to higher operational costs and end demand slowdown. Amid mounting uncertainty, we expect OEM customers to renegotiate order terms with hardware supply chains and believe those with bargaining power are better off. Key Takeaways Near-term - who absorbs the tariff increase? We have ...