White House calls Amazon showing tariff-related pricing changes a 'hostile and political act' [View all]
Amazon (AMZN) appears to have gotten itself on the wrong side of the Trump administration over a report that the e-commerce giant will begin showing tariff-related price increases on its website next to a product's cost.
When asked about the news, which was first reported by Punchbowl News on Tuesday, Press Secretary Karoline Leavitt called it "a hostile and political act."
Amazon stock was off more than 1% in early trading.
On Monday, Reuters reported that some Amazon merchants were planning to pare back their participation in the company's Prime Day event this summer due to tariff uncertainty.
"Why didn't Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?" Leavitt said. "And I would also add that it's not a surprise because, as Reuters recently wrote, Amazon has partnered with a Chinese propaganda arm."
https://finance.yahoo.com/news/white-house-calls-amazon-showing-tariff-related-pricing-changes-a-hostile-and-political-act-135041554.html