White House calls Amazon ‘hostile’ for reported tariff displays

4 hours ago 1
White House Press Secretary Karoline Leavitt joined by U.S. Secretary of Treasury Scott Bessent, holds a news article on Amazon CEO Jeff Bezos that reads White House Press Secretary Karoline Leavitt joined by U.S. Secretary of Treasury Scott Bessent, holds a news article on Amazon CEO Jeff Bezos that reads "Amazon partnered with China propaganda arm." Photo by MANDEL NGAN/AFP via Getty Images/Postmedia files

Article content

The White House denounced Amazon.com Inc’s reported move to display the cost of President Donald Trump’s tariffs on products, setting the stage for a high-profile clash between the administration and the popular online marketplace.

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

Article content

“This is a hostile and political act by Amazon,” White House Press Secretary Karoline Leavitt told reporters Tuesday. “Why didn’t Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?”

Article content

Article content

The comments from Leavitt came after Punchbowl News reported that the e-commerce giant would “soon” begin displaying the cost of United States tariffs on individual products next to the total listed price. The report included few other details about the plan. Amazon representatives did not immediately respond to requests for comment.

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

Companies like Amazon and fast-fashion giant Shein Group Ltd. are bracing for a 120 per cent tariff on many of their products due to the U.S. government’s decision to end the “de minimis” exemption for small packages from mainland China and Hong Kong.

Article content

Exporters in recent years had capitalized on the exemption, which allowed goods valued at under US$800 to enter the U.S. without tariffs or customs duties.

Article content

Leavitt said she had spoken to Trump about the report, and went on to criticize Amazon’s compliance with censorship demands by the Chinese government.

Article content

Article content

Leavitt declined to answer when asked if the move had strained the relationship between the president and Amazon founder Jeff Bezos, who has sought to curry favour with Trump in recent months. Bezos and Trump frequently clashed during the president’s first term over the billionaire’s ownership of the Washington Post.

Article content

Article content

“I will not speak to the president’s relationships with Jeff Bezos,” Leavitt said.

Article content

Treasury Secretary Scott Bessent, who attended the press briefing, said any move to highlight tariffs was unfair when the costs of policies implemented by other administrations — including regulations — weren’t broken out.

Article content

“The big tax on consumers that goes unnoticed is deregulation or regulation, and we are deregulating and bringing that down,” Bessent said. “So you know, from a household income point of view, we would expect real purchasing increases that we’ve seen over the first 100 days, and we would expect that to accelerate.”

Article content

A CNN poll released this week showed 59 per cent of the public believe Trump’s policies have made the economy worse, with six in 10 believing his efforts have increased their cost of living. Nearly seven in 10 of survey respondents say they believe an economic recession is somewhat likely in the next year.

Article content

—With assistance from Stephanie Lai.

Article content

Article content

Read Entire Article