Apple, Tesla, Walmart are U.S. Companies Struggling with New Tariffs on Chinese Goods
- THE CHINA NOW
- 12 hours ago
- 3 min read
Summary
Apple, Tesla, and Walmart are among the U.S. firms facing significant challenges from the latest tariffs imposed by President Trump on Chinese imports.
Analysts estimate Apple could see a 9% reduction in its gross margin if it cannot secure an exemption from the new tariffs.
The new tariffs are part of President Trump's "Liberation Day" measures, which have escalated the ongoing U.S.-China trade conflict.
The latest round of tariffs imposed by U.S. President Donald Trump on Chinese goods is beginning to severely impact some of America’s largest multinational companies, including Apple, Tesla, and Walmart. These firms, which have long depended on China for manufacturing and production, are now facing rising costs and financial uncertainty as tariffs continue to escalate.