White House vs. Amazon over Tariffs Display

SOURCE www.cnbc.com
The White House criticized Amazon for planning to display the cost of President Trump's tariffs on its site. Amazon will show how much of an item's cost comes from tariffs. This move has led to a drop in Amazon's stock price.

Key Points

  • Amazon plans to display the cost of President Trump's tariffs on its site
  • Consumers will see how much of an item's cost is due to tariffs
  • Amazon's stock price dropped more than 2% following the announcement