this post was submitted on 29 Apr 2025
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Economics

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White House blasts Amazon over tariff cost report: 'Hostile and political act' (www.cnbc.com)
submitted 1 day ago* (last edited 1 day ago) by MicroWave@lemmy.world to c/economics@lemmy.world
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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.
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[–] lost_faith@lemmy.ca 47 points 1 day ago

How dare you show the damage I am causing - donald

[–] DarkFuture@lemmy.world 10 points 1 day ago

Aww, the billionaires are fighting. We should feel sorry for them.

[–] TwinTitans@lemmy.world 13 points 1 day ago

It actually seems fairly reasonable.

[–] naught101@lemmy.world 3 points 1 day ago

Don't lots of places in the US show the full breakdown of takes on every receipt? I remember that from travelling through some south western states...

[–] Comet_Tracer@lemmy.world 10 points 1 day ago

W late stage capitalism. DON'T THREATEN DADDY BEZOS PROFITS!

[–] gadfly1999@lemm.ee 6 points 1 day ago

Maybe Bozos should have donated more money to trump’s inauguration.