Bezos Backtracks — Denies Reports that Amazon will Display China Tariff Costs on All Chinese Products After Stock Price Dip – IOTW Report

Bezos Backtracks — Denies Reports that Amazon will Display China Tariff Costs on All Chinese Products After Stock Price Dip

GP:
Online retail giant Amazon has come out denying reports that their website will display tariff costs on Chinese imported goods following a dip in share prices and a scathing rebuke from the White House.

This follows a Punchbowl News report stating that Amazon will soon show how much President Trump’s tariffs supposedly add to the price of each product on the website to avoid blame.

The cost of the tariffs will be placed right next to the product’s total listed price.

White House Press Secretary Karoline Leavitt responded during a press conference on Monday and slammed the move as a “hostile and political act by Amazon.” more here

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