China trade war begin again.Last weekend President Donald Trump signed executive orders imposing 25% tariffs on imports from Canada and Mexico and 10% on goods from China.The tariffs on Canada and Mexico were deferred after negotiations,

Tesla was particularly battered as it joined Apple (-3%) and Nvidia (-3%), as American multinational companies with the highest proportion of sales in China.

Tesla’s stock fell 5% on Monday, the biggest drop for any member of the so-called Magnificent Seven, while Apple shares dropped 3%.

President Donald Trump's decision to impose tariffs on goods from China and Canada has resonated widely in the market. According to CNBC, Tesla and Apple recorded drops in their 5% and 3% stock values,