Has Amazon Been Hurt By Tariffs? [Seeking Alpha]
Microsoft Corporation (MSFT)
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Source: Seeking Alpha
Summary Amazon ( AMZN ) could have been hurt by tariffs on items sold through its website and components for its data centers. Networking and data centers are to be affected by tariffs on “machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparata .” Furthermore, the Trump administration has imposed 10 percent tariffs on $200 billion Chinese goods which would affect thousands of imported products from furniture to network routers. Amazon is concerned such tariffs would hit shoppers during the crucial holiday shopping season. Since July, Amazon has discussed industry-wide advertising campaigns and more extensive government lobbying in order to exert as much influence as they can to dissuade him from tearing up trade agreements or introducing tariffs on a wide swath of imports. The impact of negative tariffs may be clear to the company, yet most of the Street’s analysts ha
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