Amazon sheds $53 billion in market value after report on Trump threat

A loss of $53 billion? It’ll probably bounce back by morning. But he’s saying he’s worried about who?

Trump talked about changing Amazon’s tax treatment because he is worried about mom-and-pop retailers being put out of business, the Axios website reported.

Source: Amazon sheds $53 billion in market value after report on Trump threat

I see Amazon as more of a savior of the mom and pop shops than a threat to them. Amazon market place is chock full of mom and pop businesses that couldn’t otherwise compete with the big box stores operated by national and regional retail giants.

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