WS #12705
US imposed 12.5% tariffs on South Korea, Japan, and 58 other economies under forced labor provisions, effective immediately, impacting trade-exposed sectors. Amazon shares fell over 10% after weak operating income forecast and massive capex plans, dragging Nasdaq futures lower.
US Section 301 tariffs on 60 economies
US imposed 12.5% tariffs on South Korea, Japan, and 58 other economies under forced labor provisions, effective immediately, impacting trade-exposed sectors.
Amazon shares fell over 10% after weak operating income forecast and massive capex plans, dragging Nasdaq futures lower.