Meta, AMD, Apple, AT&T Among Biggest US Tech Giants That 'May Suffer The Most' As Tariffs Spark Trade Turmoil: Here's Why

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Meta, AMD, Apple, AT&T Among Biggest US Tech Giants That 'May Suffer The Most' As Tariffs Spark Trade Turmoil: Here's Why - Benzinga

Quick Summary:

What Happened: The data shared by Gina Martin Adams, the chief equity strategist and global director of equity strategy at Bloomberg Intelligence, shows the top tech companies in the U.S.that are likely to be impacted by tariffs announced by President Donald Trump on Wednesday.

Adams says that these firms could face more challenges in the wake of retaliation by other countries, further influencing the global supply chain.“White House tariffs may only be the start, as retaliations further strain global supply chains,” she adds.

These firms “may suffer the most as tariffs spark trade turmoil and threaten the long-expanding margin domination of American companies,” explains Adams.