White House Criticizes Amazon Over Reported Tariff Cost Display
- On Tuesday morning, the White House criticized Amazon for planning to display the added cost that President Trump's tariffs impose on products sold on its site.
- This move follows Trump’s imposition of tariffs on many foreign goods, including rates as high as 145% on Chinese products, which the administration uses to boost domestic manufacturing.
- A White House spokesperson condemned Amazon’s move as a “hostile and political” gesture, emphasizing the administration’s efforts to bring key supply chains back to the U.S. And promote domestic manufacturing.
- Following the White House comments, Amazon shares fell nearly 2% in premarket trading and were valued at $184.08 during Tuesday’s market session, ahead of an earnings report due Thursday after close.
- The criticism underscores tensions over the tariff costs’ impact on consumers and supply chains while the endpoint of these levies remains uncertain amid ongoing trade volatility.
579 Articles
579 Articles
Amazon refutes report on displaying Trump tariff costs amid criticism from White House
Amazon pushed back against a news report on Tuesday, claiming it planned to visibly break down the costs of former President Donald Trump’s newly implemented tariffs on its product listings. The rebuttal came after the White House harshly criticized the online retail giant, and Trump personally reached out to Amazon founder Jeff Bezos over the matter. The controversy was sparked by a report from PunchBowl News, which cited an anonymous source al…
“He Was Pissed”: Trump’s Vile New Threat over Tariffs Takes Scary Turn - The DSR Network
After the news broke that Amazon might publicly clarify the costs that President Trump’s tariffs are imposing on its products, Trump instructed his White House press secretary to publicly threaten the company. Trump also called Amazon founder Jeff Bezos to express his displeasure, and one adviser told CNN that “he was pissed.” Amazon immediately shelved the plan, and Trump openly gloated about …
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