r/news • u/johnk317 • 1d ago

China to impose 34% retaliatory tariff on all goods imported from the U.S.

https://www.cnbc.com/2025/04/04/china-to-impose-34percent-retaliatory-tariff-on-all-goods-imported-from-the-us.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
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u/katara144 1d ago

So, just curious, isn't this going to tank Amazon's business?

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u/BullAlligator 1d ago

Yes, temporarily. But they'll have the ability to survive. Their competitors, however, are much likely to get wiped out completely. With their competitors eliminated Amazon will have even greater ability to monopolize the market.

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u/katara144 1d ago

Guess that has been the plan all along.