Investors Worry Trump’s Tariffs Could Cause a ‘World of Hurt’ for Startups

Tom Drummond expresses anxiety over how political volatility in the U.S. might affect capital markets, especially with President Trump's reciprocal tariffs causing global market turmoil. Venture capitalists fear slower tech investments, slower IPOs, and potential business closures due to higher hardware costs or reduced spending trends. Meanwhile, venture capitalists are considering lengthening their investment timelines or divesting from hardware-focused companies as concerns intensify.