From local giants like Amazon, Boeing and Starbucks to small Washington farmers, businesses are bracing for a hit, if they haven’t already taken one.
SEATTLE — Earlier this week, President Donald Trump announced widespread, aggressive tariffs on imports from dozens of countries that run trade surpluses with the United States, sending shockwaves through the global economy – and tumbling the stocks of local giants like Starbucks, Boeing and Amazon.
Boeing stock ended the trading day Thursday nearly 10% down. Seattle-based Starbucks dropped 10%, while Amazon fell 8%.
On Friday, Boeing’s stock is still down 13%, with Amazon down 4% and Starbucks down 5%.
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