Trump’s New Tariffs Impact Dell Technologies Stock Performance

Dell Technologies Inc. DELL shares fell on Friday after President Donald Trump announced a national emergency and introduced significant tariffs targeting key U.S. trade partners on Wednesday.

Key Developments

Utilizing powers granted under the International Emergency Economic Powers Act of 1977, Trump’s initiative seeks to reduce the $1.2 trillion U.S. trade deficit. The White House framed this action as necessary to protect American jobs and reinforce fair trade practices.

Market Reactions

Though the complete tariff list was outlined in a White House fact sheet, markets responded negatively even before the full details emerged. Tech stocks, particularly hardware manufacturers like Dell, were adversely impacted as investors anticipated higher import costs and potential retaliatory measures from the affected nations.

Dell’s price decline reflects investor concerns surrounding the company’s reliance on foreign suppliers and the implications of increased component costs stemming from elevated trade barriers.

Current Stock Status

DELL Price Action: As of the latest updates, Dell Technologies shares decreased 7.3%, trading at $71.58, according to Benzinga Pro.

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