Apple and other US tech groups hit as Donald Trump targets suppliers

Stocks in the best US companies, including Apple, Tesla, when Donald Trump’s cleaning tariff plan threatened to shave global supply networks.

Technological companies were from the most difficult hit of the initial market response, whose contracts followed NASDAQ by 4%. Apple, which is largely exposed to China’s additional tariffs, has seen its shares by 7%, and amazon by about 6%.

Is Trump Global Commercial War Escalation It is a significant risk of technical network chains when the best leaders have been working to participate in the president for months, trying to alleviate or make exceptions from politics.

Wednesday’s belated technology companies were the only one. The shares of the Great Retail and Consumer Brands also sank after Trump Tariffs, Walmart descends by 7%. The target has decreased more than 5% and a sports clothing group, Nike for hours to trade through 7%.

Eght 10% universal tariff He will apply to all countries, April 5, and higher “mutual” tariffs, including EU, China, Great Britain, Japan and South Korea, will come into force on April 9.

Wedbush Analyst Daniel Ilaner wrote that the momentum of new tariffs is “worse than the worst case” scenario, which was afraid of markets. “Technical stocks will be clearly under pressure on this statement [over] worries about the destruction of demand, supply chains, especially tariffs, and especially Chess China and Taiwan. ”

The executive of the Great Technological Company said that the current incumbent operating under the current administration was like “trying to hit the moving target.” “I am more concerned that it is going to break the US economy than any number of tariffs, the man said.

Apple Should it comment on whether there is any prospects for the engraving of new tariffs, as it was able to do it during the first trump’s first term. The Speaker of the White House confirmed that there were no exceptions for Apple’s executive order.

Tim Cook, Apple’s chief executive, walks geopolitical tensions, company supply networks are closely linked to China, where Foxconn’s likes push millions of iPhones. Eght $ 500 billion cost plan Announced in February and was viewed as attempting to put Trump.

Apple delivers about 50 million iPhones to the United States every year by a vast majority in China. The iPhone remains the company’s flag-bearing products and more than half of its total income through its Mac, iPad, clothing and rapid growing services, making the rest.

Trump announced that he would use “mutual” 34% tariff for Chinese imports.

The one-sided step on many important manufacturing countries will not only affect China on the chain relations of Apple’s closed supply, but also any benefits of its reflections. Diversification attempts its production base elsewhere.

Amazon has similarly engaged in the recent campaign to Wu Trump, collided with the President’s IRE during his first term. The company’s founder Jeff Bezos took part in the swearing-in ceremony of Trump and lunched with him several times in recent months.

The Cietle-based conglomerate depends on the Chinese import to keep the warehouses, and about a quarter of its retail sale with China, according to Morgan Stanley analysts.

Nvidia’s shares, while more than 5 percent pours more than 5 percent, clarifying that semiconductors will now be released from mutual regime.

The chip giant rely on Taiwan’s semiconductor production CO to produce artificial intelligence chips, whose sale has pushed high marks for the last two years.

Nvidian, the chief executive Jensensen Huang, promised hundreds of billions of dollars to the United States over the next four years Interview with Financial Times Last month, he refused to comment.

TSMC shares fell by about 6 percent during entertainment trade. Recently, the company was committed to investing an additional $ 100 billion in the production of US chip.

Meta shares at the same time by about 5 percent. He previously warned that China’s advertising revenues could hit the aggravation of trade dispute with the United States.

Trump also confirmed that 25% tariffs will be imposed for everyone Foreign cars and their parts At midnight, striking all US-American sellers’ shares.

The shares in Tesla have gone through 8 percent, as investors are concerned about the impact on its global supply network, as well as the prospects for the world’s largest electric vehicle manufacturer.

Tesla last month warn Which car’s preparation value will increase, because “certain parts and components are difficult or impossible to the source inside the United States,” and American vehicles will be less competitive abroad.

The White House document said that cars and cars “are already subject to tariffs”, copper and “certain minerals that are not available in the United States,” they will be released without providing more details.

The Chief Executive Officer of the Futureum Group Daniel Newman described the Trump’s move as a RIP Band-Aid-Off Moment, who are shaking for weeks.

“You are watching the market to respond and go. The whole world is mostly entirely dependent on us, having this very affordable economy, “he said.

The shares came for retailers, despite years to diversify their supply chains when Trump installed heavy imports of imports in his first term. Suppliers of House Warehouse: The biggest improvement chain of the house, some production was taken to Southeast Asia, Mexico and the United States, Ted Decker, Chief Executive Officer, said last monthA number

The target was taken from China to the production of clothes and becoming increasingly focused on Central American countries, such as Guatemala and Honduras, said Ric Gomez last month. On Wednesday, Trump hit Guatemala and Honduras at a rate of 10% tariff.

Target refused to comment.

“These newly announced tariffs and the expected risk of American business, destabilizing the US economy, undermining the leading departure of domestic production, Mikael Hanson, which is a member.

The new tariffs have caused immediate pressure for the special relief. The Association of Consumer Brands, which includes food producers Pepsico, Mondelez and Kraft Heinz, have been petitioned to get rid of some “critical components” charges.

“We encourage the President and his trade consultants to mitigate their approach and release the main components and the main components to protect production work and prevent preventive inflation in a grocery store,” the association said.

Additional reports of Rafe Uddin and Alex Rogers