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From Nasdaq: 2025-04-04 16:46:00
President Donald Trump’s “Liberation Day” tariff program sparked fears of a recession, leading to a $3.1 trillion market loss and a 10.5% drop in the S&P 500 over two days. Analysts raised the likelihood of a recession to 60%.
Amazon stock plummeted 12.8% since the tariffs were announced, erasing all gains from the past year. The tariffs could impact Amazon in three ways: increased prices on imported goods, international trade wars, and a cheaper stock price.
Despite the recent decline, Amazon’s focus on low prices and long-term strategy could help it weather the storm better than other retailers during a potential recession.
Read more at Nasdaq: 3 Ways the New U.S. Tariffs Might Affect Amazon Stock
