Top U.S. technology multinationals, which have been the biggest beneficiaries of globalization, come to the fore as tariffs could heavily impact the cost of the goods sold by these firms.

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<p>Top U.S. tech giants like Meta, AMD, Apple, and AT&T may face significant challenges due to new tariffs announced by President Trump, which could increase their production costs. Gina Martin Adams from Bloomberg Intelligence highlights that these companies, heavily reliant on globalization, are particularly vulnerable. The tariffs could disrupt global supply chains and threaten profit margins. Analysts suggest that negotiations are essential to mitigate the impact, while some believe the tariffs are aimed at generating revenue for the fiscal deficit rather than seeking concessions from trading partners.</p>