
Economists have floated the effects of tariffs on the global economy, but investors need to realize that these views are just that—opinions. Opinions based on theory that may or may not play out in the end, so what matters more is what is actually happening in the economy and the markets today. The answer is clear in this case, and that is increased interest for the biggest technology sector names to invest in the United States rather than away from it.
Companies like Apple Inc. (NASDAQ: AAPL), Oracle Co. (NYSE: ORCL), and others have decided to invest billions in their presence within the United States economy and manufacturing process. Now, economists would have suggested that tariffs might have caused the opposite effect to drive these names further away from dealing with the United States. Just the opposite happened, but one player in particular stands out in importance.