Snap was already struggling. Then came Trump's tariffs.
1. Snap's stock fell 14% after earnings report without Q2 guidance. 2. Trade restrictions are impacting advertising from Chinese companies. 3. Snap struggles with user growth and competition from Meta and TikTok. 4. Analysts cite inconsistent earnings and lack of guidance as concerns. 5. Stock down 40% over the past year and 66% since IPO.