Trump Tariffs: How CEOs of Walmart, Target and Home Depot may have just done a HUGE favour to Jeff Bezos’ Amazon

US President Trump’s sudden shift away from harsh tariff threats on Chinese imports may have inadvertently benefited Amazon more than the retailers who actually lobbied for the change, according to market analysts. After a Monday (April 21) meeting with CEOs from Walmart, Target, and Home Depot, as reported by Axios, Trump significantly softened his rhetoric on both Chinese tariffs and Federal Reserve policy. The retail executives reportedly warned the President that his 145% tariffs on Chinese goods would lead to higher prices and empty store shelves within weeks, potentially devastating consumer confidence ahead of the holiday shopping season.

While Amazon CEO Andy Jassy wasn’t present at the White House meeting, the e-commerce giant has seen its stock rebound more dramatically than the brick-and-mortar retailers who actually delivered the message.