How Trump’s Tariffs Might Actually Help Amazon — While Hurting Its Customers
Business
Photo-Illustration: Intelligencer America’s top tech stocks plunged after Donald Trump’s tariff announcements , with the so-called Magnificent 7 — Nvidia, Apple, Alphabet, Microsoft, Meta, Amazon, and Tesla — losing more than a trillion dollars in collective value the next day and continuing their bleeding on Friday. The president’s rambling “Liberation Day” proclamation contained different versions of the same bad news for each firm. Apple manufactures a lot of devices in China but has spent
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