Trump’s “Reciprocal Tariffs”: Why Major AI Stocks Apple, Meta, and Alphabet (Google) Are Feeling the Heat Today | The Motley Fool

Trump’s “Reciprocal Tariffs”: Why Major AI Stocks Apple, Meta, and Alphabet (Google) Are Feeling the Heat Today | The Motley Fool

The whole U.S. stock market is feeling the pain from the sweeping new tariffs that President Trump announced Wednesday after the market closed. As of 1:10 p.m. ET Thursday, the blue chip Dow Jones Industrial Average had fallen by over 1,300 points (3.1%), the broad market S&P 500 was off by 3.9%, and the tech-heavy Nasdaq Composite was down by 4.9%.

At that time, shares of Apple (AAPL -9.11%) traded more than 8% lower, Meta Platforms (META -8.99%) was down…

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