trump© Americanspirit 84990718
© Americanspirit

Trump’s words do have marked effects. Jeff Bezos can testify to this after the US commander-in-chief’s reported threats to rein in Amazon resulted in some $54bn being wiped from its market value in a day. The South China Morning Post reports that within two hours the tech giant’s trading volume had already exceeded the 10-day moving average. Trump’s focus, it seems, was notably on Amazon’s jobs and tax practices. Although reports suggest he proffered no evidence for his ire.

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