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The White House press secretary, Karoline Leavitt, attacked the retail giant over a report that suggested Amazon would highlight tariff-related price increases. Amazon said it was "not going to happen."
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Amazon said staff had considered listing tariff costs on its Temu competitor, Amazon Haul, but that it's "not going to happen." The Trump administration had condemned the idea.
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Amazon probably won't be hiking prices too much if it's declining to show how much tariffs are impacting costs.
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UPS Says It Will Cut 20,000 Jobs in Efficiency Drive The New York TimesUPS (UPS) to Cut 20,000 Jobs, Citing Amazon Volume Drop and Tariff Pressures Yahoo FinanceGM delays investor call, UPS axes 20,000 jobs as Trump's tariffs create corporate chaos ReutersUPS cutting around 20,000 jobs due to 'new or increased tariffs'; 73 buildings closing USA Today
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