Trump’s invitation to Jeff Bezos to show Amazon’s tariff earns Peter Chef’s anger: “The type of things you may expect to see in China” – Amazon.com (Nasdaq: Amzn)
Economist Peter Chef Criticize Donald Trump Tuesday pressure Amazon.com Inc. amzn founder Jeff Bezos To give up plans that will show consumers the cost of definitions on products prices.
What happenedApparently, Trump Pesus personally called for “persuading him” not to inform consumers of sincerity of the taxes they pay when buying goods on the Amazon, “Chef wrote on X.
Chef defended the Amazon being considered the amount to display the costs of customs tariffs, on the pretext that “consumers have the right to know the amount of tax they pay” and to question the description of the White House of this transparency as “hostile and political work.”
The controversy appeared after reports that Amazon may offer tariff costs next to the prices of products. While Amazon denied plans for its main location, the company admitted to looking at the idea of its website, which sells the elements of less than $ 20.
See also: PayPal says “Buy now, users later pay,” users spend 33 %, and they do 17 % of transactions –
Why do it matterTrump, who imposed a tariff of up to 145 % on Chinese imports and a 10 % minimum tax on goods from other countries, confirmed the invitation with Bezos, told the correspondents, “Jeff Bezos was very nice. It was great. The problem has resolved very quickly.”
White House press secretary Caroline Levitt Amazon’s potential step was condemned as “hostile and political action.”
The dispute is revealed as Amazon moves on the challenges of the tariff policies that Trump expects, which analysts in Goldman Sachs expect to affect 6 % -12 % of the margins of the electronic commerce giant operation in 2025.
PriceThe Amazon shares were closed at $ 187.39 on Tuesday, a decrease of 0.17 % for this day. In post -hours trading, the stock decreased to $ 186.41, a decrease of 0.52 %. A year away, Amazon shares decreased by 14.91 %, or $ 32.83, according to what I said. Data from Benzinga Pro.
Although strong momentum and arrangement are shown well on growth measures, the e -commerce giant faces a negative price in the short term to the long term, according to the classification of Benzinga Edge shares. Subscribe to learn more.
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Disintegration: This content was partially produced with the help of artificial intelligence tools and was reviewed and published by Beenzinga editors.
