Apple, Nike, Amazon under trademarks that can be hit hardest due to Donald Trump's reciprocal rates | Company Business News

Trump rates Impact: US-based giants such as Apple, Nike and Amazon have so far suffered from the biggest declines in terms of their share price and market value with investors responding to the fear of possible price increases and consumer spending slowdown. Apple is seen as one of the biggest losers due to Trump tariffs (Reuters) Donald Trump’s new rates have sent in shock stock markets around the world, with companies entering hundreds of billions of rands in a single day on a single day. The greasy Trump tariffs of up to 50 percent on various companies around the world are ready to devastate their businesses, a glimpse of the world markets on Thursday when they closed. The US -based giants such as Apple, Nike and Amazon have suffered some of the biggest declines in terms of their share price and market value with investors responding to the fear of possible price increases and consumer spending slowdown. Here are some of the brands that are most sensitive to Trump rates and can lose big. Apple The Trump tariffs put the highest charges on a number of countries that have become the most important alternative production hubs for China. While China is slapped with a 54 percent tariff, Asian countries such as Vietnam and Cambodia, 46 percent and 49 percent respectively. India, on the other hand, has a 26 percent tariff rate. Interestingly, companies like Apple have moved their production base to countries such as Vietnam and India, and also make its hardware in China, which exposed it to losses. The largest company listed in public dropped $ 300 billion on Thursday with the fear that tariffs would increase the cost of its products. Nike Nike Jordan prices are likely to rise, as most factories of the business are located in Asian countries facing the highest Trump tariffs. According to the Guardian report, factories in China, Vietnam and Indonesia produced 95 percent of Nike shoes last year. The company has already faced heat and lost $ 13 billion in market valuation on Thursday and saw its shares fall by more than 14 percent during trade. Amazon Amazon, a “beautiful 7” mega-value technical company, is also exposed to the effects of Trump tariffs. Amazon’s market value, a leading consumer business, fell by nearly $ 190 billion on Thursday. According to a report by Guardian quoting the market puls, Chinese sellers have more than 50 percent market share on Amazon’s third-party sales market. This makes the technical giant especially susceptible to Trump tariff impact, which causes fear of investors. Boeing fears that Trump’s reciprocal rates will strike consumers around the world also means that the travel industry will be affected. An investor who sold Thursday forced Boeing to be one of the biggest losers during Thursday’s trading in Wall Street. Shares of the aircraft manufacturing giant fell by more than 10 percent on the day. First published: 4 Apr 2025, 06:37 IST