
President Donald Trump's latest salvo on trade policy has rattled markets, and auto giants like Tesla Inc. (NASDAQ:TSLA) and big tech like Apple Inc. (NASDAQ:AAPL) may bear the brunt. Trump has floated the idea of imposing 30% tariffs on imports from the European Union and Mexico, two regions that play a crucial role in both companies’ global supply chains and revenue streams.
For investors, the risk isn't just theoretical – it could mean real pressure on margins, pricing and stock performance.