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  • 10 months ago
Meta Platforms Inc. shares fell nearly 9% on Thursday as markets reacted to President Trump's new tariff plan, according to Benzinga. The Trump administration targeted significant trade partners, anticipating retaliatory measures that could pressure global markets. Investors are concerned about the impact on multinational companies like Meta, which depend on international markets for advertising revenue and data infrastructure. The new tariff measures targeting major trade partners have sparked global condemnation and are expected to lead to retaliatory actions, increasing pressure on international markets.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Meta Platforms Inc shares fell nearly 9% on Thursday as markets reacted to Trump's new
00:08tariff plan, according to Benzinga. The Trump administration targeted major trade partners,
00:12anticipating retaliatory measures that could pressure global markets. Investors are concerned
00:18about the impact multinational companies like Meta, which depend on international markets for
00:22advertising, revenue, and data infrastructure. The new tariff measures targeting major trade
00:27partners have sparked global condemnation and are expected to lead retaliatory actions,
00:33increasing pressure on global markets. For all things money, visit Benzinga.com slash GSTV.
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