White House calls Amazon showing tariff-related pricing changes a 'hostile and political act'

2 weeks ago 6

Updated Tue, Apr 29, 2025, 7:16 AM 3 min read

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Amazon (AMZN) appears to person gotten itself connected the incorrect broadside of the Trump medication implicit a study that the e-commerce elephantine volition statesman showing tariff-related terms increases connected its website adjacent to a product's cost.

When asked astir the news, which was archetypal reported by Punchbowl News, connected Tuesday, Press Secretary Karoline Leavitt called it "a hostile and governmental act."

Shares of Amazon were disconnected much than 1% successful aboriginal trading.

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On Monday, Reuters reported that immoderate Amazon merchants were readying to pare backmost their information successful the company's Prime Day lawsuit this summertime arsenic a effect of tariff uncertainty.

"Why didn't Amazon bash this erstwhile the Biden medication hiked ostentation to the highest level successful 40 years?" Leavitt said. "And I would besides adhd that it's not a astonishment because, arsenic Reuters precocious wrote, Amazon has partnered with a Chinese propaganda arm."

It's not wide which study Leavitt was referring to, but a 2021 study from Reuters said Amazon partnered with China's propaganda limb to merchantability immoderate publications connected its US site.

Guests including Mark Zuckerberg, Jeff Bezos, Sundar Pichai and Elon Musk, get  earlier  the 60th Presidential Inauguration successful  the Rotunda of the U.S. Capitol successful  Washington, Monday, Jan. 20, 2025. (AP Photo/Julia Demaree Nikhinson, Pool)

Guests including Mark Zuckerberg, Jeff Bezos, Sundar Pichai and Elon Musk, get earlier the 60th Presidential Inauguration successful the Rotunda of the U.S. Capitol successful Washington, Monday, Jan. 20, 2025. (AP Photo/Julia Demaree Nikhinson, Pool) · ASSOCIATED PRESS

"So this is different crushed wherefore Americans should bargain American," Leavitt added.

"It's different crushed wherefore we are onshoring captious proviso chains present astatine location to enactment up our ain captious proviso concatenation and boost our ain manufacturing here."

Amazon didn't respond to a petition for remark by property time.

Speaking earlier this period connected CNBC, Amazon CEO Andy Jassy said erstwhile asked astir tariffs, "We’re going to effort and bash everything we tin to support prices arsenic debased arsenic imaginable for customers."

Asked astir the company's interaction with the Trump administration, Jassy said, "We [talk] to the medication each the time."

"We stock with them antithetic ... things that we deliberation substance to consumers, things that we would deliberation substance to enterprises... [We] person immoderate conversations astir tariffs arsenic well. And we stock what immoderate of the concerns are and they’re alert of them."

Amazon is acceptable to study its quarterly results aft the doorbell connected Thursday, and analysts and investors are expecting to perceive much from Jassy astir however the institution is moving done the interaction of some tariffs and the Trump administration's changes to the de minimis exemption.

The de minimis exemption lets companies vessel items nether $800 to the US without having to wage a duty.

Trump had an acrimonious narration with Amazon laminitis Jeff Bezos during his archetypal word successful bureau often criticizing Bezos implicit The Washington Post's sum of him. Bezos owns The Washington Post.


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