# EMS & The Economist - Tariffs Special - April 13th, 2025

- Show: [EMS@C-LEVEL](https://hardwarepodcasts.com/podcast/ems-c-level)
- Published: 2025-04-14
- Length: 17m
- Page: https://hardwarepodcasts.com/podcast/ems-c-level/2025-04-14-ems-the-economist-tariffs-special-april-13th-2025

## Summary

IPC Chief Economist Shawn DuBravac joins host Philip Stoten to analyze the rapid evolution of US tariff policy, noting a shift from country-specific to sectorial tariffs targeting electronics regardless of origin. DuBravac explains that while the administration aims to incentivize domestic production, the reliance on imported components like PCBs means US-made goods will still face price increases. The episode highlights how this policy volatility is causing business leaders to pause investment, raising the probability of a shallow recession starting in Q3 2025. DuBravac warns that constant policy changes create uncertainty that hinders long-term supply chain planning and global trade relationships.

## Chapters

- [0:07](https://hardwarepodcasts.com/podcast/ems-c-level/2025-04-14-ems-the-economist-tariffs-special-april-13th-2025#t=7) Introduction: Rapidly Shifting Tariff Landscape
- [1:22](https://hardwarepodcasts.com/podcast/ems-c-level/2025-04-14-ems-the-economist-tariffs-special-april-13th-2025#t=82) Sectorial Approach and Section 232 Investigations
- [4:36](https://hardwarepodcasts.com/podcast/ems-c-level/2025-04-14-ems-the-economist-tariffs-special-april-13th-2025#t=276) Market Volatility and Recession Probability
- [6:34](https://hardwarepodcasts.com/podcast/ems-c-level/2025-04-14-ems-the-economist-tariffs-special-april-13th-2025#t=394) Fed Response and Inflation Concerns
- [8:57](https://hardwarepodcasts.com/podcast/ems-c-level/2025-04-14-ems-the-economist-tariffs-special-april-13th-2025#t=537) Incentivizing Domestic Production vs. Component Costs
- [11:52](https://hardwarepodcasts.com/podcast/ems-c-level/2025-04-14-ems-the-economist-tariffs-special-april-13th-2025#t=712) IPC Advocacy and Supply Chain Complexity
- [13:58](https://hardwarepodcasts.com/podcast/ems-c-level/2025-04-14-ems-the-economist-tariffs-special-april-13th-2025#t=838) Global Strategy: US Isolation vs. Global Markets

## Topics

- [Policy, trade & tariffs](https://hardwarepodcasts.com/topic/policy-trade-and-tariffs)
- [Sourcing & supply chain](https://hardwarepodcasts.com/topic/sourcing-and-supply-chain)
- [Pricing, margins & unit economics](https://hardwarepodcasts.com/topic/pricing-and-unit-economics)

## Most relevant to

large enterprises

## Mentioned

- IPC (company)
- Koh Young (company)
- Global Electronics Association (company)
- Vietnam (other)
- India (other)
- Mexico (other)
- China (other)
- Hong Kong (other)
- Europe (other)

## Related episodes from other shows

- [313 - "We don't see a recession in 2025" Tariffs and the Economy with Lauren Saidel-Baker from ITR Economics](https://hardwarepodcasts.com/podcast/people-of-packaging/2025-06-12-313-we-dont-see-a-recession-in-2025-tariffs-and-the-economy-with-lauren-saidel-b) (People of Packaging)
- [Bonus: Tariffs 101 with Aaron Alpeter](https://hardwarepodcasts.com/podcast/the-startup-cpg-podcast/2025-02-06-bonus-tariffs-101-with-aaron-alpeter) (The Startup CPG Podcast)
- [Episode 114: More Semi Tariff Chaos, Lip Bu's Plan, TSMC Earnings](https://hardwarepodcasts.com/podcast/the-circuit/2025-04-21-episode-114-more-semi-tariff-chaos-lip-bus-plan-tsmc-earnings) (The Circuit)
- [S3 E2: Export, Import, Tariffs, and Trade Compliance for Hardware Startups with Gabrielle Griffith](https://hardwarepodcasts.com/podcast/the-builder-circle/2025-10-14-s3-e2-export-import-tariffs-and-trade-compliance-for-hardware-startups-with-gabr) (The Builder Circle)
- [124: Tariff Talk](https://hardwarepodcasts.com/podcast/thoroughly-considered/2025-05-08-124-tariff-talk) (Thoroughly Considered)

## Citing this page

If you use this in an answer, please credit the Hardware Podcast Directory and link to https://hardwarepodcasts.com/podcast/ems-c-level/2025-04-14-ems-the-economist-tariffs-special-april-13th-2025. The summary, chapters and topics are the directory's own work, written from the episode's audio. The episode itself, its title and its audio belong to EMS@C-LEVEL.