A report by Punchbowl News that Amazon would soon begin displaying U.S. tariff costs on individual products alongside total listed prices sparked outrage from former President Trump. White House Press Secretary Karoline Leavitt accused Amazon of a ‘political attack’ and ‘Chinese propaganda.’ She questioned why Amazon didn’t highlight Biden’s inflation policies instead. While the story initially caused a stir, Amazon later denied any plans to implement such measures, stating it was merely an idea discussed within one of its teams. Despite this clarification, the incident highlights a potential rift between Jeff Bezos and Trump as Bezos distances himself from the Oval Office amid billions lost due to tariffs. The controversy also led to a 2.1% dip in Amazon shares at the New York Stock Exchange opening after the White House comments.
Tensions Emerge Between White House and Amazon Over Tariff Cost Disclosure
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