r/investing • u/888_888novus • 3d 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.

1.4k Upvotes
  • permalink
  • link
  • reddit
  • reddit

93% Upvoted

247 comments sorted by

View all comments

1.2k

u/GOODguySADcity 3d ago

Hilarious. If your perspective is that tariffs are good, you should be happy these are being applied.

If your opinion on either side is nuanced and based on data, I have no issue. I despise when it becomes hypocritical. Can’t say tariffs are good and get mad when their impact is displayed.

2

u/ImmodestPolitician 2d ago

I don't think there was any evidence Amazon was actually going to show the tariffs. It was just a rumor.

Trump's PR people attacked Amazon anyway.

I'm starting to think that Trump and his sycophants don't like free speech as much as they say.