Which industry or market segment will be the first to actually go under the back and forth tariff game?

Not talking about meme stocks such as Tesla which is irrational. Ie horrible financial report and weak forcast, prices goes up. I am talking about listed companies which may go under as everyone is paralyzed by the uncertainty and trade is halted.

Tourism seemed to be a hard hit as people tighten their belts. Hospitality may go first?