Trump's Tariff Wars Explode! Amazon Cancels China Orders & Global Markets Crash!

🚨 Breaking News: The global trade war is escalating rapidly! This video dives deep into the latest developments surrounding President Donald Trump's tariffs and their immediate impact on businesses and the global economy, as reported on April 9, 2025.

We cover:

• Amazon's Reaction to Tariffs: Discover why Amazon has reportedly canceled a significant number of inventory orders from China and other Asian countries. This move suggests a direct response to President Trump's newly announced tariffs on over 180 countries, including China, Vietnam, and Thailand. Was this cancellation without warning to vendors? We examine the details based on a document reviewed by Bloomberg and insights from people familiar with the matter.

• Vendor Impact: Learn how this sudden cancellation of orders, including for items like beach chairs, scooters, and air conditioners, is affecting Amazon vendors. One vendor faced the cancellation of a $500,000 wholesale order after manufacturing was already complete. Hear from a former Amazon vendor manager about the widespread nature of these cancellations and the potential need for vendors to renegotiate terms.

• Trump's Tariff Details: Understand the context of these cancellations in light of President Trump's April 2nd announcement of new tariffs. These "reciprocal" tariffs have already taken effect.

• China's Retaliation: Get the latest on China's response to the U.S. tariffs. As of Thursday, April 9, 2025, China is set to impose 84% tariffs on U.S. goods, a significant increase from the previously announced 34%. This is seen as the latest salvo in a global trade war.

• Global Market Turmoil: See how these escalating tariffs are shaking the global trading order and raising fears of a recession. We look at the impact on the S&P 500, which has suffered its deepest loss since its creation, nearing a bear market. U.S. Treasuries are also experiencing heavy losses.

• Trump's Response: Find out how President Trump is reacting to the market volatility, with his "BE COOL!" message on Truth Social. Despite market concerns, he claims "Everything is going to work out well" and that countries are eager to make deals.

• Expert Analysis: Hear about Robert W. Baird & Co. Inc.'s reduced revenue forecast for Amazon in 2025, directly citing the effects of tariffs.
Is this the start of a major economic downturn? How will these tariffs affect consumers? Share your thoughts in the comments below!

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