Elon Musk, Jeff Bezos and Mark Zuckerberg lose $42.6 billion as Trump announces ‘discounted’ reciprocal tariffs

Mark Zuckerberg, Jeff Bezos, and Elon Musk experienced massive financial losses totaling $42.6 billion due to new tariffs announced by President Trump. The introduction of tariffs led to a steep decline in major US stock indexes, reflecting heightened investor concerns over their impact on business costs and global trade.

Elon Musk, Jeff Bezos and Mark Zuckerberg lose $42.6 billion as Trump announces ‘discounted’ reciprocal tariffs
Mark Zuckerberg, Jeff Bezos, and Elon Musk experienced massive financial losses totaling $42.6 billion due to new tariffs announced by President Trump. The introduction of tariffs led to a steep decline in major US stock indexes, reflecting heightened investor concerns over their impact on business costs and global trade.