U.S. stock index futures took a hit on April 3, 2025, as new tariff policies sparked uncertainty across the markets. The Nasdaq 100 futures dropped by 3.88%, with tech heavyweights feeling the pressure. Apple shares led the decline, plunging 7.6%, followed by Amazon at 6.4%, Meta Platforms at 4.7%, Alphabet at 2.9%, and Microsoft at 2.7%, according to itiger.com.

Tesla saw its stock fall by 6% after the announcement of newly imposed tariffs by President Donald Trump. These tariffs included a 10% levy on all imported goods, with steeper penalties for certain countries such as the European Union at 20% and Cambodia at 49%. The changes pose potential challenges for Tesla's global operations, notably its Gigafactory in Shanghai, where policy shifts could impact production costs and margins.

The broader market reacted with a global selloff, affecting major Asian and European indices, demonstrating widespread investor concern. Forbes noted the turbulence, highlighting fears of a potential trade war that could disrupt the tech sector significantly. These tariffs might escalate production costs and create supply chain challenges for companies like Tesla that depend on international manufacturing.