White House Criticizes Amazon Over Reported Tariff Cost Display
- The White House criticized Amazon on May 2, 2025, for planning to display tariff costs added by President Trump's trade policies on its U.S. Product listings.
- This action follows Trump’s 2018 imposition of broad tariffs, including rates as high as 145% on Chinese imports, aimed at boosting domestic manufacturing and supply chains.
- A spokesperson for the White House described Amazon’s decision as politically motivated and antagonistic, tying it to the company's previous connections with China and highlighting ongoing initiatives to bring essential manufacturing and supply chains back to the United States.
- Amazon shares fell 1.93% to $184.08 after the criticism, with analysts expecting $1.36 per share earnings on $154.92 billion revenue for the first quarter report due Thursday.
- The dispute highlights tensions over tariffs’ impact on prices, as the White House defends policies while Amazon aims to inform consumers how tariffs raise product costs.
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