Trump, Amazon and Walmart
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For many merchants selling on Amazon, a 90-day pause in steep U.S. tariffs on China should be a chance to stockpile inventory. But Amazon has already grown cautious about letting goods pile up in its warehouses,
Robert Goulder comments on whether tariffs are hidden taxes that should be routinely disclosed to retail consumers.
The home improvement chain broke from many other retailers, who say they cannot afford to absorb new tariffs. President Trump recently attacked Walmart for warning of price hikes.
And just this week as the U.S. and China reached an initial deal that greatly lowered tariff levels, the three major indexes soared. The S&P 500 even moved into positive territory for the year after earlier falling as much as 15%.
Inflation skyrocketed during Biden's presidential term, increasing the cost of living. Find out the signs that Trump's tariffs will have an even bigger effect.
Amazon confirms it does not display tariff prices on its main storefront after backlash from the White House. CHARLOTTE, N.C. — Amazon disputed a report that it was planning to display how much tariffs were raising prices on products on its online storefront after the Trump administration criticized the reported plan.