Meta could take a $7 billion hit this year because of Trump's tough China tariffs

Jonathan Vanian - CNBC - 20:00
Meta's core online advertising business could take a $7 billion hit this year due to China tariffs impacting retailers in the country.
This photo illustration created on Jan. 7, 2025, in Washington, D.C., shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo.
Drew Angerer | AFP | Getty Images

Meta's core online advertising business could take a $7 billion hit this year due to President Donald Trump's tough China tariffs impacting retailers in the country.

That's according to a MoffettNathanson research note published Tuesday that analyzes the potential impact of China-linked retailers like Temu and ...
[Short citation of 8% of the original article]