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.
Musk, Bezos and Zuckerberg lose $42.6bn after Trump’s ‘discounted’ tariffs go ‘live’