President Trump signed executive orders Tuesday rolling back his previously imposed tariffs of 25% on cars, trucks and automotive parts. Trump’s reversal came as U.S. consumer confidence fell to its lowest level since the early days of the COVID-19 pandemic. On Tuesday, White House Press Secretary Karoline Leavitt responded to reports that Amazon was planning to display the cost of tariff-related price increases alongside all Amazon products.
Press Secretary Karoline Leavitt: “This is a hostile and political act by Amazon. Why didn’t Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?”
Amazon later said it had no plans to show the cost of tariffs on its products. Several news outlets reported the apparent reversal came after Trump personally called Amazon founder Jeff Bezos on Tuesday to complain.
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