Amazon Stock Tanks After White House Accuses It of “Hostile and Political Act”

$AMZN -2% | Trade war tension rising

Today, the White House slammed Amazon for allegedly planning to show Trump’s tariff costs next to product prices — a move that could expose how U.S. consumers, not China, are bearing the brunt of tariffs.

Karoline Leavitt, WH press secretary, fired shots:

“Why didn’t Amazon do this during Biden’s inflation crisis?”

Meanwhile:

Over 70% of Amazon’s products come from China

Sellers are hiking prices on items like toys, electronics & household goods

A study showed an average 29% price increase on 930 popular items

Shein & Temu also added “import charges” at checkout (up to 145%!)

Political heat rising between Trump & Bezos, with Amazon caught in the crossfire.

$AMZN is down 15% YTD, and the drama could fuel more volatility.

What’s next for Big Tech under Trump's trade policies?

Watch the charts, not just the headlines.

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