Tue, 29 Apr 2025

Tue, 29 Apr 2025 Trump calls Bezos as Amazon says no plan to show tariff price rises

Donald Trump called Amazon founder Jeff Bezos to complain about the plan, which the company said had been rejected.

* US President Donald Trump called Amazon founder Jeff Bezos after it was reported that Amazon planned to detail the cost of trade tariffs to its customers on a low-cost site called Amazon Haul.
* However, Amazon said it had never considered implementing this policy on its main platform and decided not to move forward with itemizing tariff costs for shoppers using Amazon Haul.
* The White House criticized Amazon's reported plan, with press secretary Karoline Leavitt calling it "a hostile and political act by Amazon".
* Trump has ramped up tariffs since re-entering office in January, measures he argues will boost manufacturing and raise tax revenue for the US.
* Many foreign imports are facing new duties of at least 10%, while products from China are facing import taxes of at least 145%.
* The measures have prompted a sharp drop in trade between the two countries, raising fears of supply shocks and shortages of products.
* Some businesses are starting to detail the costs of the measures for customers, with Shein and Temu among the online platforms to already announce price hikes.
* Trump said that Bezos "solved the problem" after their call, but it is unclear what specific solution was reached.
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