The White Home calls the choice ‘hostile’ because the e-commerce firm denies any proposal is into account.
Amazon could quickly present how a lot tariffs imposed by US President Donald Trump will price customers who store on the corporate’s platform, in line with new reporting from the outlet Punchbowl Information, citing an individual aware of the plan.
In response to the report on Tuesday, White Home Press Secretary Karoline Leavitt stated she had mentioned the Amazon plan with the president, and his message about it was: “It is a hostile and political act by Amazon.”
The White Home additionally tried to deflect the blame.
“Why didn’t Amazon do that when the Biden administration hiked inflation to the best stage of 40 years?” Leavitt requested reporters at a White Home briefing.
Inflation hit a 40-year excessive of more than 9.1 percent in mid-2022 underneath then-US President Joe Biden. Peaking throughout the COVID-19 pandemic, the excessive inflation charge steadily declined over Biden’s remaining two years in workplace, reaching 3 % in January 2025.
The Seattle, Washington-based e-commerce large Amazon stated that it by no means thought-about itemizing tariffs on its most important website, however had thought-about that for Amazon Haul, its ultra-low-cost platform. “The staff that runs our ultra-low-cost Amazon Haul retailer has thought-about the concept of itemizing import prices on sure merchandise,” an organization spokesperson instructed the information company Reuters.
The spokesperson added that the concept “was by no means accepted and never going to occur”.
Trump has imposed a swath of tariffs on US buying and selling companions – together with a 145 % tariff on China, though there are some exceptions for merchandise together with smartphones. There’s additionally a ten % blanket tariff on different international locations.
On Wall Avenue, Amazon started the day down 2.2 % in pre-market buying and selling on the heels of the report. As of 11:30am ET (15:30 GMT), the inventory was nonetheless 0.7 % under yesterday’s market shut.
