Experts warn tariffs could drive inflation as companies adjust prices and outlooks.
Amazon has dismissed reports that it would begin displaying added tariff charges next to product prices on its website, clarifying that no such move is planned. The speculation arose after Punchbowl News reported Amazon would list import costs alongside prices, citing an anonymous source.
The rumour prompted a sharp rebuke from the Trump administration, which labelled the supposed plan a ‘hostile and political act’ before the company issued its denial.
According to Amazon, only its budget storefront, Haul, briefly explored the idea internally, but the proposal was never approved. A company spokesperson confirmed there are no plans to implement tariff disclosures on product listings.
President Donald Trump reportedly called Amazon founder Jeff Bezos to complain about the matter, but later praised him publicly for resolving what he described as a misunderstanding.
Tariffs introduced by the Trump administration have caused growing concern among businesses, including Amazon competitors Temu and Shein, which recently announced price increases due to rising import charges.
Both companies have now adjusted how they communicate these costs to customers. Economists warn that the wider effects of the trade war could push consumer prices higher and worsen inflation.
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