Key Takeaways
- White House Press Secretary Karoline Leavitt called Amazon’s plans to quantify the impact of tariffs on prices a “hostile and political act.”
- The comments came after Punchbowl News reported that Amazon plans to show how much of a good’s price is attributed to tariffs next to an item’s total price.
- Amazon didn’t immediately respond to requests for comment. It wants to avoid being blamed for higher prices, Punchbowl reported.
The White House on Tuesday called plans to show users how tariffs impact prices on Amazon (AMZN) a “hostile and political act.”
Press Secretary Karoline Leavitt knocked Amazon’s plans during a press conference Tuesday. Amazon will soon show how much of a good’s price is attributed to tariffs next to the total price, Punchbowl News reported Tuesday.
The e-commerce giant is reportedly making the move to avoid being blamed for higher prices, the outlet said.
“This is a hostile and political act by Amazon,” Leavitt said. “Why didn’t Amazon do this when the Biden Administration hiked inflation to the highest level in 40 years?”
Amazon didn’t immediately respond to Investopedia’s request for comment. The company’s shares were down more than 1% in early trading.