00:00It's Benzinga bringing Wall Street to Main Street.
00:02Amazon has asked suppliers for low double-digit discounts on goods ranging from
00:06homeware to electronics after new tariffs imposed by President Donald Trump took hold.
00:10That according to the Financial Times. Tariffs prompted Amazon to negotiate more aggressively,
00:15mirroring moves by Costco and Walmart. Goldman Sachs analysts estimate the tariffs could impact
00:206% to 12% of Amazon's operating margins in 2025. Amazon reportedly expedited shipments
00:26and pivoted to U.S. stock goods as Trump took office. Analysts are watching how tariffs
00:31may influence Prime Day sales. For all things money, visit Benzinga.com slash GSTV.
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