this post was submitted on 29 Apr 2025
85 points (100.0% liked)

Economics

789 readers
8 users here now

founded 2 years ago
85
White House blasts Amazon over tariff cost report: 'Hostile and political act' (www.cnbc.com)
submitted 4 days ago* (last edited 4 days ago) by MicroWave@lemmy.world to c/economics@lemmy.world
6 comments fedilink hide all child comments
 

KEY POINTS

  • The White House slammed Amazon for reportedly planning to display the cost of Trump’s tariffs next to the total price of products on its site.
  • “This is hostile and political act by Amazon,” White House press secretary Karoline Leavitt said at a press briefing with Treasury Secretary Scott Bessent.
  • Shares of the retail giant founded by Jeff Bezos dropped in premarket trading following the remarks.
  • About 70% of products sold by the company are made in China. Trump slapped tariffs as high as 145% on imports from that country.
you are viewing a single comment's thread
view the rest of the comments
[–] TwinTitans@lemmy.world 13 points 4 days ago

It actually seems fairly reasonable.