US EditionTrump says Bezos ‘did the right thing’ by not displaying tariff costs on Amazon
- US President Donald Trump praised Jeff Bezos on Tuesday for stopping a plan to disclose tariff costs on Amazon products.
- The plan emerged amid the Trump administration’s steep tariffs on China and other countries, which triggered tensions and retaliatory tariffs from Beijing.
- Amazon said the plan to list import charges was considered by its Amazon Haul store but was never approved and will not happen, while the White House called the idea hostile and political.
- Trump described Bezos as "very nice" who "solved the problem very quickly," while UPS announced plans to cut 20,000 jobs following a business drop caused partly by tariff effects on Amazon.
- This episode highlights rising tensions between the administration, major businesses, and consumers amid debates over tariffs’ impact on prices and trade.
76 Articles
76 Articles
Trump and the Triumph of the Technolords | by Yanis Varoufakis - Project Syndicate
Trump is a godsend for Elon Musk, Mark Zuckerberg, Jeff Bezos, and the other technofeudal lords. Any short-run loss from his tariff delusions is a small price to pay for an agenda that would deregulate their AI-driven services, bolster crypto, and exempting their cloud rents from taxation.
Trump hated Amazon’s proposed tariff cost labels. They should be everywhere
The Trump administration has made clear that it doesn’t want shoppers to see how much its new tariffs are costing them, based on its forceful reaction to one report yesterday. The dustup started with a relatively sparse story from Punchbowl News, a D.C.-based news outlet mainly focused on political scoops, which reported that Amazon had planned to show how much a product’s price is derived from tariffs next to its total price in website listings…
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