Apple, Nike, Amazon among brands that may be hit the hardest due to Donald Trump’s reciprocal tariffs

Donald Trump’s new tariffs have sent stock markets around the world in a shock, with companies incurring hundreds of billions in combined losses in a single day on Thursday.

The sweeping Trump tariffs of up to 50 per cent on different companies across the world are poised to wreak havoc on their businesses, a glimpse of which was already visible at global markets on Thursday as they closed.