Billionaire investor Mark Cuban ‘wonders’ on Donald Trump’s Reciprocal Tariffs: What does this do to Amazon …

Billionaire investor Mark Cuban has raised concerns about how new US trade deficit policies could impact e-commerce giant, Amazon. Cuban referred to an X post that says that the United States allows foreign companies to import goods into the U.S. as foreign importers of record without creating a local entity or hiring anyone in the U.S. “Countries that don’t allow American companies to import into their country without creating a local entity include Vietnam, Mexico, India, China, Malaysia, Philippines, Pakistan, Indonesia, South Korea, Saudi Arabia, Argentina, Brazil, Chile, Colombia, Peru, Ecuador, Venezuela, and many others,” the post reads.

“Expect this barrier to be part of the reciprocal tariffs coming out next month. They will target non tariff barriers to balanced trade as well as duty rate disparities,” it further adds. Quoting the post, Cuban wrote “What does this do to Amazon?”.