(The Center Square) – Amazon on Tuesday denied reports that it plans to display the cost of tariffs next to the prices of products it sells.
The e-commerce giant said its bargain unit, Amazon Haul, considered the idea, but the company has no plans to do so.
“The team that runs our ultra low cost Amazon Haul store considered the idea of listing import charges on certain products,” the company said. “This was never approved and is not going to happen.”
Amazon clarified its policies after criticism from the White House on Tuesday morning.
“This is a hostile and political act by Amazon,” White House Press Secretary Karoline Leavitt said. “Why didn’t Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?”
Punchbowl News reported that Amazon planned to display the cost of tariffs next to product prices. Amazon denied it.
Trump announced a slate of tariffs on April 2, which he called “Liberation Day” for American trade. Seven days later, on April 9, he paused nearly all of those higher rates that Trump calls reciprocal. Trump said the pause would last 90 days as his trade team talks with more than 75 other nations. However, Trump maintained a 10% baseline tariff and a 145% import duty on goods from China.
Economists, businesses, and a growing number of publicly traded companies have warned that tariffs could push up prices on a large swath of consumer products.
Trump has said he wants to use tariffs to bring back manufacturing jobs lost to lower-wage countries in decades past, shift the tax burden away from U.S. families, and pay down national debt.
A tariff is a tax on imported goods. The importer pays the tax and can either absorb the loss or pass the cost on to consumers through higher prices.
If Bozo Bezos wants to play fair, he should be forced to display on every Amazon Transaction the cost the American taxpayer spends to get his so-called cheap Chinese goods shipped to destination courtesy of the heavily government subsidized United States Post office. It’s BILLIONs the Post office absorbs and writes off at yearly losses that if it had to compete in a fair market, without the taxpayer subsidized covered losses, would have to come out of Amazon’s pocket, making it not such a great deal that they are able to market and pass expenses on to the taxpayer consumer, who is beguiled into thinking his Chinese products are so much cheaper, but add in the cost of lost income taxes gleaned on jobs stolen to China, and the unemployment costs paid out to the Americans who lose those jobs, those cheap Chinese goods are actually costing us more, whose losses get shuffled on to the American taxpayer while the laundered money gets shoveled back to the American political crime families who get richer by the minute. They delude our actual prosperity by covering the true American costs in borrowed national debt that they assure us the yearly National debt interest costs we can handle, as that yearly interest now exceeds the $8-900 Billion dollars we have to pay on national defense,,,,and is climbing. Party now, have our kids pay A LOT MORE later, is all the self-serving democrats and RINOs really have to offer. Trumps idea of privatizing the P.O. has Bezos in a panic.
AND How much the CHILD LABOR makes, making a lot of the products SOLD on amazon.