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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.
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Forbes broke the news in United States on Tuesday, April 29, 2025.
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