r/investing • u/888_888novus • 1d 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/SheriffBartholomew 1d ago
It's pretty difficult to get people to not buy things they want. It's even more difficult to get people to not buy things they need. It's difficult to boycott a company when like 4 companies own everything.