#TariffsPause China might not need to respond to Trump's proposed 104% tariffs because the real victims would be American corporations heavily reliant on Chinese manufacturing, supply chains and consumer markets. Here are the top 10 US companies that would suffer most ¹:

- *Apple*: With 90% of products assembled in China, a 104% tariff would skyrocket prices, making Apple devices unaffordable for many Americans. Alternative supply chains in India and Vietnam can't scale fast enough to meet demand.

- *Ford Motor Company*: Ford sources batteries, semiconductors and rare earth metals from China, crucial for its electric vehicle ambitions. Tariffs would increase costs and potentially kill demand for models like the F-150 Lightning and Mustang Mach-E.

- *Tesla*: Half of Tesla's vehicles and all batteries come from China. Elon Musk warns that tariffs would lead to higher prices and lower sales, giving Chinese EV makers like BYD and NIO more global dominance.

- *Walmart*: With 70-80% of merchandise from China, Walmart would struggle to maintain low prices. Toys, electronics and clothing