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Amazon Shoots Down Rumors of Tariff Price Tags on Products

Amazon denied reports that it was planning to display the cost of Trump-era tariffs alongside product prices. The White House slammed the idea as politically motivated, and Amazon’s stock took a hit following the controversy.

The original report first appeared in Punchbowl News on Tuesday, and stated that Amazon Inc. would start displaying the listed price of a product as well as the price after tariffs are imposed.

White House Press Secretary Karoline Leavitt also slammed the alleged plan as a “hostile and political act.” She asked, “Why didn’t Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?”

Leavitt added, “This is another reason why Americans should buy American.”

 

Following the remarks, Amazon shares fell over 2% in premarket trading, per CNBC — a rare stumble for Jeff Bezos’ behemoth.

However, Amazon has since issued a response to the report, denying that they ever planned to display additional “tariff pricing” on products.

Just a thought—how about tagging products with “Made in America” so we can proudly buy red, white, and blue instead of red and gold? Then we support USA made AND avoid tariffs – two birds, one stone.

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