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

Oct 14, 2025 - 17:00
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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
Major tech companies experienced their worst single-day losses since April, with Amazon, Nvidia, and Tesla leading a $770 billion market capitalization wipeout. President Trump's threat of 100% tariffs on Chinese goods and export controls on critical software triggered significant drops across the tech and cryptocurrency markets.

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