Former Microsoft CEO Steve Ballmer: Trump's tariffs will cause significant damage to the technology industry

Former Microsoft CEO Steve Ballmer expressed concerns on Friday that the new tariffs imposed by President Trump could lead to global turmoil and negatively impact consumers, especially given that Microsoft's stock price has already fallen significantly this year. In an interview, Ballmer warned that the escalating tariffs from the U.S. government would have far-reaching effects on the economy, posing significant challenges for consumers and investors. He stated, "This is not good for Microsoft shareholders." He pointed out that the new tariffs on imported goods—affecting over 100 countries—could cause significant damage, particularly in industries that rely on global trade, such as the technology sector