White House Rails Against Amazon Over Potential Tariff Display
Amazon rejects the levying of tariffs as described by the White House as "antagonistic and political."
The White House is alleging that Amazon is engaging in hostile political maneuvers by considering showing tariff costs on certain goods sold on its platform.
Amazon, however, has flat out denied any such plan and has categorically stated that the proposal never made it off the drawing board. Nevertheless, press secretary Karoline Leavitt has accused the e-commerce giant of taking a "political and hostile act."
Leavitt's reaction came in response to a report by Punchbowl News that Amazon might display the impact of President Trump's tariffs on each item's price. During a press briefing, she questioned why Amazon hadn't done the same when the Biden administration hiked inflation to record levels.
The incident has brought to light the political sensitivity surrounding Trump's tariffs, particularly those topping 140% on Chinese imports, and Amazon's role in global trade. Leavitt further pointed to past reports of Amazon's compliance with Chinese regulations, insinuating broader concerns about corporate alignment with foreign interests.
Despite Amazon's denial, President Trump confirmed he spoke with Jeff Bezos about the issue and suggested that the matter had been resolved. Retailers, like Dame, have implemented "Trump tariff surcharges," reflecting broader market reactions to trade policy.
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Amazon's potential move mirrors Bezos' ownership of The Washington Post, which recently changed its opinion pages at Trump's praise. In fact, Trump himself spoke positively about Bezos in interviews and expressed optimism about their working relationship.
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Sources close to the matter revealed that Trump made his displeasure known to Bezos during a call earlier in the day.
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While not confirmed, it's worth noting that in 2021, Reuters published an article alleging Amazon had partnered with a Chinese propaganda arm.
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| Ticker | Security | Last | Change | Change % || --- | --- | --- | --- | --- || AMZN | AMAZON.COM INC. | 180.15 | -7.24 | -3.86% || Powered By |
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[1] Sources: Punchbowl News[2] Sources: Fox Business[3] Sources: Reuters[4] Sources: Engadget
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- The White House has accused Amazon of taking a "political and hostile act" by considering showing tariff costs on certain goods sold on its platform, a move that Leavitt, the press secretary, equated to unwarranted maneuvers due to its timing with Trump's tariffs.
- Despite Amazon's denial, President Trump confirmed he spoke with Jeff Bezos about the issue, suggesting that the matter had been resolved.
- Reports indicate that Retailers, like Dame, have implemented "Trump tariff surcharges," reflecting broader market reactions to trade policy.
- In a related development, Trump's praise for Bezos' ownership of The Washington Post, which recently changed its opinion pages, has garnered media buzz.
- Tariff costs and Amazon's role in global trade have become a significant topic in policy-and-legislation and general-news discussions due to the political sensitivity surrounding Trump's tariffs.
- Sources have revealed that Trump made his displeasure known to Bezos during a call earlier in the day, a gesture that echoes broader concerns about corporate alignment with foreign interests.
