The votes have been counted, and it's official: President-elect Donald Trump has managed a feat that hasn't been accomplished in more than 130 years by winning nonconsecutive presidential terms. After securing a comfortable majority of electoral votes, Trump will now be sworn in as the 47th President - and the focus on Wall Street has quickly shifted toward Trump's campaign policies and the potential impact on markets. While investors are broadly cheering what's expected to be a pro-business agenda, tariffs are emerging as a key point of concern.
Trump has proposed universal tariffs of 10%-20% across goods from all countries, with a 60% tariff on all goods from China. It's this latter point that could be crucial for some American companies, especially tech giants with sizeable exposure to the world's second-largest economy. According to brokerage firm Bernstein, here are three tech stocks with varying degrees of vulnerability to potential Trump tariffs.
