Amazon value drops $53 billion following report of Trump’s obsession with the tech giant

Published March 29, 2018 2:58pm ET



Amazon shares fell seven percent following a report on President Trump’s “obsession” with using antitrust laws against Amazon, or changing the company’s tax treatment.

“The president has said many times before he’s always looking to create a level playing field for all businesses and this is no different and he’s going to always look at different ways, but there aren’t any specific policies on the table at this time,” press secretary Sarah Sanders said.

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