If artificial intelligence (AI) has been the buzzword for the last two years, then the new keyword is tariff.
The latest tariff proposal on countries globally (temporarily set at a flat rate of 10% on all countries except for China at 145% for the next 90 days as of this writing) will be a game changer for all companies.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
This article aims to investigate the impact of tariffs on Amazon’s (NASDAQ: AMZN) business in the short and long term.
Image source: Getty Images.
Tariffs will directly impact the e-commerce businesses
Amazon has been the most successful e-commerce company over the last two to three decades, riding on megatrends like the internet and globalization. The former allows it to reach global consumers…