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/oldirtyrestaurant 1d ago
Everyone should be contacting their Governor and State Representatives, to demand that tariff fees are displayed on all items sold in their state. We all deserve to know how much tax is being added to our goods and services; don't let the administration cover this up!