Amazon stock (AMZN) drops on report it’s pushing suppliers for cuts as tariff ruling nears
NEW YORK, Jan 13, 2026, 16:14 EST — After-hours Shares of Amazon.com (AMZN.O) slid 1.6% during Tuesday’s session after reports emerged that the company is pushing suppliers to lower prices ahead of a U.S. Supreme Court ruling on President Donald Trump’s broad tariffs. The stock last traded at $242.60. (Reuters) Why it matters now: tariffs act as import taxes that can quickly shift costs for retailers buying and reselling goods. Amazon’s retail arm is directly caught in the crossfire. The Supreme Court is set to deliver its next rulings on Jan. 14, with the legality of Trump’s global tariff program