Tech Titans , including Meta’s Mark Zuckerberg, Apple’s Tim Cook, and Tesla’s Elon Musk, supported Donald Trump’s presidency through donations and public appearances. However, their companies have collectively lost nearly $1.8 trillion in market value since January 2025 due to Trump’s aggressive tariff policies, which target Asian supply chains critical to tech manufacturing.
Despite a temporary pause on some tariffs, new levies on Chinese imports rose to 125%, directly impacting tech giants reliant on global production. Analysts warn that prolonged tariffs could cut tech earnings by up to 25%, reversing years of steady growth driven by AI advancements.
Also read:Trump slaps 84% additional tariffs on Chinese goods
Elon Musk, a major Trump donor, saw his net worth drop by 143 billionas Tesla’s shares fell 28and Bezos $47.2 billion in personal wealth.
While tech leaders initially hoped for regulatory relief under Trump, the sector now faces unprecedented challenges. Moody’s analysts noted that no tech sub-sector will emerge unscathed, signaling a rocky road ahead for Silicon Valley.
