#TariffsPause # **Why China Can Afford to Ignore Trump’s 104% Tariffs—The 10 US Giants That Will Pay the Price**

Donald Trump’s proposed **104% tariffs** on Chinese goods have set off alarm bells—but not where you might expect. While the move is framed as a tough stance on China, the **real casualties will be American corporations** tethered to Chinese supply chains, manufacturing, and consumer markets.

China, with its **diversified trade networks and self-sufficient industries**, can weather the storm. The US, however, faces a brutal reckoning. Below are the **10 most vulnerable US companies**—and why their pain could reshape global trade.

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## **1. Apple (China = 90% of Production, 20% of Sales)**

- **iPhones, MacBooks, and AirPods would instantly become luxury items** with a 104% price hike.

- **No quick fix:** India and Vietnam lack the scale to replace China’s ecosystem.

- **Result:** Market share loss to Huawei, Xiaomi, and Samsung.

## **2. Tesla (50% of Cars Made in China, 100% of Batteries Sourced There)**

- **Shanghai Gigafactory is Tesla’s profit engine.** Tariffs would force **unaffordable price hikes** in the US and Europe.

- **BYD, NIO, and Li Auto** would accelerate their global takeover.

- **Musk’s warning:** "Tariffs = fewer EVs sold, slower green transition."

## **3. Walmart (70% of Goods Imported from China)**

- **"Everyday low prices" vanish overnight.** Toys, electronics, and apparel would surge in cost.

- **Amazon wins** as Walmart’s margins collapse.

- **Shein and Temu** tighten their grip on cheap consumer goods.

## **4. Ford (China Controls EV Batteries & Critical Minerals)**

- **No Chinese batteries = no F-150 Lightning or Mustang Mach-E.**

- **CATL (China’s battery giant) holds the keys to Ford’s EV future.**

- **Result:** Ford falls further behind Tesla and Chinese automakers.