Mark Cuban Thinks Continued Tariffs Spell Trouble for Amazon. Time to Buy This Amazon Dip or Bail Out?
Investors continue to be wary of the new tariff program. Even if the Trump administration's tariffs do accomplish their stated goals of eliminating bias against the U.S. and boosting U.S.-manufactured products, we won't see results immediately. In the meantime, the economy could slide, and there may be a significant negative impact that could be short- or long-term.Billionaire Mark Cuban recently gave his take on how tariffs might affect Amazon (NASDAQ: AMZN). Spoiler alert: He doesn't think it's going to be good. Let's see why, and how investors should play this.On social media site Bluesky, Cuban noted that "If these tariffs stick, it's going to be ugly for Amazon, but incredible for all the American sellers."Continue reading
Investors continue to be wary of the new tariff program. Even if the Trump administration's tariffs do accomplish their stated goals of eliminating bias against the U.S. and boosting U.S.-manufactured products, we won't see results immediately. In the meantime, the economy could slide, and there may be a significant negative impact that could be short- or long-term.
Billionaire Mark Cuban recently gave his take on how tariffs might affect Amazon (NASDAQ: AMZN). Spoiler alert: He doesn't think it's going to be good. Let's see why, and how investors should play this.
On social media site Bluesky, Cuban noted that "If these tariffs stick, it's going to be ugly for Amazon, but incredible for all the American sellers."
