It was claimed that Amazon plans to show how much customs duties affect the product cost alongside the final prices of the products sold on its platform. This plan was considered by the Trump camp as “a political provocation.”
White House Press Secretary Karoline Leavitt described Amazon’s plan as “a hostile and political move.” Leavitt asked, “Why didn’t Amazon make this announcement during the Biden era when inflation hit a 40-year high?” On the other hand, it was reported that Donald Trump called Jeff Bezos to express his discomfort with the plan.
Amazon: This was never approved and will not happen!
Amazon, however, stated that there is no such pricing display plan on its main shopping platform. Amazon spokesperson Tim Doyle said, “The team managing our ultra-low-cost Amazon Haul store considered the idea of listing import fees on certain items. This was never approved and will not happen.”
During the Trump administration, a 145% customs tariff was imposed on China. This high rate was of a nature to change the general direction of trade. Additionally, a general 10% tariff was implemented against other countries. Trump said the new tariffs were necessary to balance American competitiveness in the global economy. However, experts stated that this plan would lead to price increases.
About 60% of Amazon’s sales come from small retailers
Amazon is among the major retailers preparing for the impact of the tariffs. Trump’s 145% tariffs on China are expected to harm independent retailers relying on imports. About 60% of Amazon’s sales come from small retailers. It was reported that some sellers backed out of Amazon’s “Prime Day” event this week.
