Amazon's struggles with slow retail growth in North America came to light during President Trump's trade war, with tariffs creating uncertainty. The North American retail sector reported its slowest growth, despite an overall revenue increase to $155.7 billion, with a significant profit rise. CEO Andy Jassy noted customer buying behavior might be shifting in response to tariffs, contributing to a mixed quarter that disappointed some investors, reflected in the dip in stock price. Amazon's forecasts now include tariffs as a variable that complicates their financial outlook.
Amazon is facing the impacts of President Trump's trade war, with the company reporting its slowest growth in North American retail amidst tariff-related uncertainties.
Despite a strong overall profit growth, Amazon's North American region showed the slowest sales increase, reflecting the complex dynamics under the ongoing trade tensions.
Collection
[
|
...
]