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