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⚈ Amazon considered displaying tariffs on Amazon Haul, prompting backlash from Trump’s team.⚈ A phone call between Trump and Bezos reportedly resolved the brewing conflict.⚈ Despite tariff risks, analysts maintain a bullish $245.77 price target for Amazon stock. E-commerce and tech giant Amazon was considering adding a feature that would show buyers exactly how much the price they are paying is being increased by the White House’s tariff policies. The Trump administration was quick to respond — with press secretary Karoline Leavitt calling the development a “hostile and political act”, before asking why the company didn’t do the same when the Biden administration “hiked inflation to the highest level in 40 years,” per an April 29 report from Punchbowl News that cited an anonymous source. In turn, Amazon stock (NASDAQ: AMZN) closed the day 1.30% higher, and was trading at a price of $187.46 at press time on April 30. AMZN stock price 1-day chart. Source: Finbold Despite initial concerns, investors were soon afforded some relief. Company spokesperson Tim Doyle confirmed that the business had considered the idea of listing import charges, but not on its main platform, only on Amazon Haul. Moreover, President Trump and Amazon founder Jeff Bezos had a phone call to discuss the matter — which Trump now considers resolved. Amazon tariff troubles could still play a role in price action going forward Although the e-commerce giant has managed not to get tangled up in political issues, at least thus far, as a retailer, it still stands to face significant disruptions on account of recent tariff policies. With that being said, analysts are generally bullish ahead of the company’s Q1 2025 earnings call, scheduled for Thursday, May 1. After the last quarterly report, Amazon stock dipped 4% after a double beat coupled with weak guidance, but…

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Filed under: News - @ April 30, 2025 11:24 am