Amazon's $96.65 Billion Trading Volume Lands Seventh Amid Tariff Controversy

On April 30, 2025, Amazon's trading volume reached $96.65 billion, ranking seventh in the day's stock market. Amazon (AMZN) fell by 1.58%, marking its third consecutive day of decline, with a total drop of 2.42% over the past three days.

Amazon faced criticism from the White House after reports surfaced that the e-commerce giant planned to display the additional costs imposed by Trump's tariffs on its website. This move drew significant backlash, as the U.S. trade deficit widened considerably, adding to the economic pressures.

Mark Cuban, a prominent investor, expressed concerns about the continued impact of tariffs on Amazon's business. A significant portion of Amazon's sellers are based in China, making the company vulnerable to the effects of tariffs on its e-commerce operations.

Amazon has since denied reports that it would display tariff charges on discounted items, clarifying that such a plan was not in the works. This denial came after the White House's criticism and the subsequent backlash from the administration.