Amazon, Nvidia and Tesla hit as Donald Trump's China Tariff announcement wipes $770 billion from tech megacaps in biggest-ever single day fall since April

Tech giants like Amazon, Nvidia, and Tesla faced a massive $770 billion market value drop following President Trump's threat of 100% tariffs on China and export controls. This significant market downturn, the worst since April, also impacted the Nasdaq and S&P 500, with Bitcoin experiencing a sharp decline as well.Tech giants like Amazon, Nvidia, and Tesla faced a massive $770 billion market value drop following President Trump's threat of 100% tariffs on China and export controls. This significant market downturn, the worst since April, also impacted the Nasdaq and S&P 500, with Bitcoin experiencing a sharp decline as well.2025-10-13T15:58:18.000Z{}Mon, 13 Oct 2025 15:58:18 GMT