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Showing Original Post only (View all)Amazon displaying tariff prices "hostile and political," White House says [View all]
White House Press Secretary Karoline Leavitt slammed Amazon's reported plan to display the breakdown of how much tariffs are adding to the price of each good as a "hostile and political act" on Tuesday.
Why it matters: Amazon's plan exposes the growing rift between businesses and President Trump who has made aggressive tariffs and a global trade war central to his economic agenda.
Trump's massive 145% tariffs on Chinese imports will hit Amazon hard because 60% of its sales come from smaller, independent retailers often heavily reliant on imports.
Driving the news: Punchbowl reported Tuesday that Amazon will soon show how much of an item's cost is due to tariffs next to the total listed price.
CEOs of three of the nation's biggest retailers (Walmart, Target and Home Depot) also recently warned Trump his policies could hurt supply chains, empty shelves and increase prices, Axios' Marc Caputo and Ben Berkowitz reported.
More at:
https://www.axios.com/2025/04/29/tariffs-amazon-prime-day-sellers-report
