Trump China tariffs: Trump Musk bromance strained as Tesla caught in trade war

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Impact of Trump's China Tariffs on Tech Companies

The article examines the consequences of Trump's trade war with China, particularly its effects on major tech companies. Despite some tech CEOs supporting Trump, their companies haven't been immune from the economic repercussions.

Tesla and Elon Musk

Elon Musk's Tesla is one example of a company negatively impacted by the tariffs. Musk's criticism of Trump's trade advisor highlights the strain on their relationship.

Nvidia and Jensen Huang

Nvidia, despite Jensen Huang's meeting with Trump and promises of investment, faced restrictions on AI chip sales to China, resulting in a $5.5 billion loss.

Other Tech Companies

Other companies like Amazon and Meta are also experiencing challenges, with rising prices and uncertainties affecting their businesses. The anticipated reprieve for smartphones and other electronics proved short-lived.

Financial Losses

The article emphasizes the significant financial losses incurred by tech CEOs who supported Trump, with Bezos, Musk, and Zuckerberg collectively losing over $80 billion since the start of the trade war.

  • Tesla
  • Nvidia
  • Amazon
  • Meta
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