3 Ways the New U.S. Tariffs Might Affect Amazon Stock

President Donald Trump's "Liberation Day" tariff program set off a string of worries and sent the markets tumbling on Thursday and Friday. New fears about how the tariffs could trigger a recession sent investors running toward safer instruments like U.S. Treasury bills. Analysts at J.P. Morgan raised their forecast for the likelihood of a recession to 60%.The stock market lost about $3.1 trillion just on Thursday, its worst day since 2020, and the S&P 500 (SNPINDEX: ^GSPC) dropped 4.8%. On Friday, the S&P 500 fell even farther, dropping another 5.9% and creating a two-day total percentage loss of 10.5%. As investors work to determine which stocks are likely to get hit hardest by the tariffs (and reciprocal tariffs leveied in wheat is likely to be a trade war), some obvious candidates arise. Amazon (NASDAQ: AMZN) stock is one of those stocks and it dropped 12.8% since the tariffs were announced, and it's lost all its gains from the past year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool