FILE PHOTO: Figurines with computers and smartphones are seen in front of Hewlett Packard Enterprise logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) -Shares of Hewlett Packard Enterprise fell 13% on Friday, after the AI-server maker said its annual profit forecast would be hit by U.S. tariffs in an intensely competitive market.
U.S. President Donald Trump imposed 25% tariffs on imports from Canada and Mexico, but exempted some goods from the countries under a North American trade pact until April 2. His additional 10% duty on Chinese goods — on top of the 10% tariff levied on February 4 — took effect on Tuesday.
