The shares in Upper American companies, including Apple, Amazon and Tesla, have declined in after Wednesday’s trading on Wednesday, as the Doald Trump’s sweeping tariff system threatened with widespread emotion to global supply chains.
Technology companies were among the most difficult reaction in the first market, as the NASDAC contracts follow 4 percent. Apple, which is highly exposed to additional definitions in China, has witnessed its shares decreased by 7 percent, as Amazon decreased about 6 percent.
the The escalation of the World Trade War of Trump It is a great danger to technical supply chains, after senior executives spent months in flirting with the president in an attempt to alleviate or acquire exemptions from policies that could reach the end result.
Technology companies were not the only one to suffer late on Wednesday. The shares in adult retailers and brands of consumers also sank after the Trump tariff was announced, with Wal -Mart declined by 7 percent. The target decreased more than 5 percent, and the Nike sportswear group was 7 percent available in after hours.
A 10 percent global tariffs All countries from midnight will be applied at Easter on April 5, while the higher “mutual” definitions, which apply to many geographical regions including the European Union, China, the United Kingdom, Japan and South Korea, are scheduled to enter in the middle of the night on April 9.
Daniel Evz, a newly -defined, has written a “worse than the worst” scenario of the market. “It is clear that technology shares will be subjected to significant pressure on this advertisement (above) concerns about the destruction of demand and supply chains, especially the China and Taiwan of definitions.”
An executive of the big technology company said that work under the current administration was like “trying to reach a moving goal.” The person said, “I am more worried that it will break the American economy” more than any group of definitions.
apple He refused to comment on whether there was any possibility to secure digging from the new definitions, and it was able to do it during the first period of Trump. A White House spokesman confirmed that there are no exemptions for Apple in the presidential executive order.
Tim Cook, CEO of Apple, is moving a political gear, with the tightly associated with the company associated with China, with the likes of Foxconn millions of iPhone devices every year. A The spending plan is $ 500 billion In February, it was announced that it was an attempt to shed Trump.
Apple charges approximately 50 million iPhone to the United States every year, with the vast majority of China. The company remains the company’s main product and calculates more than half of its revenues, with Mac and IPAD devices, wearable devices and fast -growing services that make up the rest.
Trump announced that he would impose a “mutual” tariff of 34 percent on Chinese imports – in addition to a 20 percent tariff he has already imposed – in addition to 26 percent on India and 46 percent in Vietnam, where Apple is also made.
The mono -sided step that affects multiple manufacturing countries will not only affect Attempts to diversify The base of manufacturing elsewhere.
Amazon participated in a recent campaign until she faced the president’s anger during his first term. The founder of the company, Jeff Bezos, has attended the Trump swelling and dinner with him several times in recent months.
The Seattle -based group depends on Chinese imports to store its warehouses, and about a quarter of the retail arm costs are linked to China, according to the Moraghan Stanley analysts.
Meanwhile, NVIDIA shares have thrown more than 5 percent after hours, although the White House shows that semiconductors will be exempt from the mutual system at the present time.
The giant chips company relies on the semiconductor manufacturer in Taiwan to manufacture advanced artificial intelligence chips, which has pushed its sales to fiery assessments in the past two years.
Nafidia, the CEO of Jensen Huang, has likened hundreds of billions of dollars in spending in the United States during the next four years in Interview with financial times Last month, he refused to comment.
TSMC shares fell about 6 percent in after hours. The company recently adhered to investing an additional $ 100 billion in the manufacture of American chips.
Meanwhile, Meta shares decreased about 5 percent. It has previously warned that Chinese advertising revenues could reach a commercial dispute with the United States.
Trump also confirmed that a 25 percent tariff will be imposed on everyone Cars and external parts In the middle of the night, it hit the stocks of all American car makers.
The stocks in Tesla decreased by 8 percent in the hours after working hours, as investors worried about influencing the global supply chain, as well as the possibility of a revenge customs tariff on the largest electric car maker in the world.
Last month Tesla to caution The cost of making cars will increase because “some parts and ingredients are difficult or impossible in the United States”, and American vehicles will become less competitive abroad.
The White House facts said that cars and auto parts “are already subject to tariffs”, copper and “some of the metals that are not available in the United States” will be exempt, without providing further details.
Daniel Newman, CEO of Futurum Group, described Trump as “Rip The Band -ff” for technological investors who have been increasing for weeks.
He said: “You are watching the market reaction and you are going: The whole world has become a basis that is completely dependent on the existence of this very accessible economy.”
For retailers, stock movements came despite years of effort to diversify their supply chains after Trump put a heavy tariff on imports from China in his first term. Transfer of suppliers to Home Depot, the largest home improvement chain, some production to Southeast Asia, Mexico and the United States, CEO Ted Decker said last month.
The chief commercial official, Rick Gomez, said last month that the goal was to produce clothes from China, and increasingly to Central American countries such as Guatemala and Honduras. Trump struck Guatemala and Honduras at 10 percent tariff prices on Wednesday.
The goal refused to comment.
“This newly announced tariff-and the expected revenge definitions of American companies-are being stable in the American economy, undermining the goals of enhancing local manufacturing and growth,” said Michael Hanson, chief executive of the retail leaders Association, which is aimed at as a member.
The new customs duties sparked an immediate boost for private rest. The Consumer Branders Association, whose members include Pepsico Food Manufacturers, Mondelez and Kraft Heinz, provided a petition to exempt some “critical ingredients” from the drawings.
The association said: “We encourage President Trump and his commercial advisers to control their approach and exempt major components and inputs in order to protect manufacturing functions and prevent unnecessary inflation in the grocery store.”
Additional reports company from RAFE UDDIN, Hannah Murphy and Alex Rogers
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