White House Criticizes Amazon Over Reported Tariff Cost Display
- Starting Tuesday, Amazon will show shoppers the extra cost added to product prices due to import tariffs introduced during the Trump administration.
- Trump imposed tariffs on many countries, including China, following a campaign pledge, with some exemptions and adjustments made later.
- The White House criticized Amazon's move as a hostile political act and linked it to efforts to boost domestic manufacturing and secure supply chains.
- The White House spokesperson characterized Amazon's actions as hostile and politically motivated on Tuesday morning, coinciding with a drop of over 1.9% in Amazon's share price.
- The disclosure could increase consumer awareness of tariff costs and reinforce administration goals of reshoring supply chains amid tariff-driven price rises.
599 Articles
599 Articles
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Amazon scraps plan to list tariff rates with prices after angry call from Trump
White House Press Secretary Leavitt: “This is a hostile and political act by Amazon. Why didn’t Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?” By Vered Weiss, World Israel News Amazon rejected a plan to list tariff rates and prices after company founder Jeff Bezos received an angry phone call from US President Donald Trump. The e-commerce icon said it had considered listing import costs on its bud…
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