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šŸš— TECH WRECKED AS TRUMP TARGETS AUTO TARIFFS

šŸš— TECH WRECKED AS TRUMP TARGETS AUTO TARIFFS

šŸ“‰ S&P -1.1% | Nasdaq -2.0% | Dow -0.3% | NVDA, TSLA DOWN 5%+

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Ben The Bull
Mar 27, 2025
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šŸš— TECH WRECKED AS TRUMP TARGETS AUTO TARIFFS
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šŸ’„ TRUMP JUST KILLED THE RALLY

The 3-day win streak? Dead.
Markets took a sharp U-turn Wednesday as the White House confirmed Trump will unveil new auto tariffs.

The S&P 500 dropped 1.1%, while the Nasdaq plunged 2%—its worst day in weeks.
And tech? Absolutely smoked. Tesla and Nvidia both tanked over 5% as investors bailed.

šŸ”„ HERE’S WHAT HAPPENED:

🚨 Auto Tariffs Are Back
Trump is prepping fresh tariffs on vehicle imports, with the press conference set for this afternoon.
Stocks instantly nosedived.

šŸ›‘ Tuesday: ā€œMaybe we give countries breaks.ā€
šŸ”„ Wednesday: ā€œI don’t want too many exceptions.ā€
Markets hate mixed messages. And this one hit like a truck.

šŸ“ˆ Copper Tariffs Next?
Bloomberg reports the White House could slap tariffs on copper within weeks, sparking a surge to all-time highs.

šŸ“‰ Tech Hits a Wall

  • Tesla ($TSLA): -5.6%

  • Nvidia ($NVDA): -5.7% on China chip news

  • Microsoft ($MSFT): -1.3% after reports of scrapped data centers

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