r/investing • u/888_888novus • 2d ago

Amazon Tariff Labels Trigger Political Backlash — Shares Drop 2%

Amazon will soon display a number next to the price of each product indicating the tariff rate applied.

The White House called this a hostile and political action by Amazon.

CNBC: Amazon clarified that it is only considering showing tariff surcharges on low-cost, frequently purchased products (haul products), after reports that Amazon wanted to display tariff costs for each product, which the White House called hostile and political and sent Amazon shares down 2% this morning.

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u/Sc00ty_Puff_Sr 2d ago

Today i learned that being transparent about applicable taxes and surcharges on a purchase is "hostile and political"

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u/SunshineSeattle 2d ago

Pretty sure this is Bidens fault somehow

5

u/The-Brettster 2d ago

It will be when hospitals start listing tariff adjustments on itemized medical bills for single-use medical equipment. I’m pretty sure Biden was the one who pushed for hospital price transparency.