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Big Tech companies fall after Trump's reciprocal tariffs

ReutersApr 2, 2025 9:46 PM

Shares of Big Tech companies fall after the bell following U.S. President Donald Trump's sweeping reciprocal tariffs

Trump says would impose 10% baseline tariff on all imports to the U.S.

Apple AAPL.O falls 5.6% to $211.50, Google-parent Alphabet GOOGL.O down 2.6% at $154.80, Microsoft MSFT.O down ~2% to $374.90

Meta Platforms META.O falls 3.3% to $564.90, Amazon AMZN.O down 4.44% at $187.47

Trump displays chart listing reciprocal tariffs, including 34% on China and 20% on the European Union

Trump's 25% autos tariffs will cover nearly $600 billion worth of vehicles and auto parts and extend to all computer imports into the U.S., including laptops

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