This is a daring move. The WH is not happy.
It is kind of funny, the second richest man can tie up the IRS ordered audit of Amazon if one happens for decades. Don’t sue a rich man or rich corporation.
When the billionaires donated and fell in line…you knew they were bide their time before declaring go to hell.
If showing the impact of tariffs is a “hostile and political act”, doesn’t that make implementing tariffs a “hostile and political act”?
And all this time I thought tariffs are the most beautiful words.
When Jeff donated to Trump I guess he didn’t think the leopard was going to eat his face. #smh
Not to worry. No doubt he will obsequiously back down. After all, he needs even more hundreds of billions.
True. Jeff will just buy another coin and his problems will go away while Trump will get even richer off his grift of the country.
Let’s ask the practical question.
Who wouldn’t be hostile?
Isn’t this simply an economic act?
As an Amazon customer, I would like to know that something I thought should cost $100 actually now costs $240. Bezos is protecting himself, being transparent, and letting the customer know what the overall tax of a product consists of. I would think that even though Bezos has bent the knee to Trump before, he would ultimately bend the knee to his customer base.
Pete
We should file it under domestic terrorism, like selling your Tesla.
Trump is to soften the auto tariffs.
This is why the market is stalling today instead of dropping.
Looks like Amazon
• didn’t say that
• isn’t going to do that
• was only going to do that on an Amazon site that I’ve never heard of
• is still on its knees
Amazon (AMZN) is denying reports that it will display the impact of tariffs next to the price of products on its e-commerce site that drew the ire of the Trump administration on Tuesday.
According to Washington Post reporter Jeff Stein, Amazon said it was never considering adding the additional cost caused by tariffs next to the price of goods on its main website, but rather was contemplating doing so on its low-cost Amazon Haul site.
Agreed, let’s take it one step further. As an informed customer, I’d like to see the tariff impact on the entire supply chain. That’s the only way to create some transparency as to who’s paying for what.
People are dumb. They may see they’re paying a higher price, but they’ll probably wrongfully assume that everyone in the supply chain is paying some level of increased cost. It may also highlight which companies are eating some of the increased cost, as opposed to passing it all down to the consumer.
Maybe the CFPB could take this on…oh wait…nevermind.
I suspect Amazon only did this with their new “Amazon Haul” division. It was set up to directly compete with Temu … rock bottom prices usually shipped direct from the place of manufacture (that’s part of how they keep rock bottom prices, no layers of distribution, no layers of shipping, etc).
(I’ve bought stuff from “Haul” and it is generally the same ‘garbage’ as the stuff from Temu.)
Jeff? Please clean yourself up.
… after the Trump Administration told the company that listing the tariff fee would be considered “hostile”.
intercst
Whether or not transparency is a good thing naturally depends on circumstances.
President Donald J. Trump Demands Transparency Regarding Foreign Influence at American Universities
Trump’s scrapping of corporate transparency will strengthen dictators
Deflation is on its way.
This appears to be targeting middle management to increase profitability. It is still not good, but it doesn’t seem to be connected to Trump’s tariff tantrum.
Dear PF,
A forecast was made. Not a good one.