Technology

The White House comes up against Amazon on the idea of ​​disclosing the price costs

On Tuesday, the White House castigated Amazon about a proposal to show the cost of President Trump's prices next to the price of certain products on his electronic commerce site.

“This is a hostile and political act of Amazon,” said the press secretary of the White House, Karoline Leavitt press conference. “Why didn't Amazon do this when the Biden administration has increased inflation at the highest level in 40 years?”

Amazon said in a statement That his team that manages Amazon HUR, where people can find low -cost items, have planned to list import costs on certain articles, but the suggestion “has never been approved and will not occur.” Amazon has items as low as $ 2.99 with other discounts.

The white house's remarks came after Punchbowl News said the company based in Seattle planned to show the cost of Trump's prices on its electronic commerce site.

The public spit between the White House and Amazon underlines the counter coupling which the Trump administration is confronted on the prices imposed on various countries, including China.

While large technological companies, including Amazon, Meta, Google and Apple, have tried to strengthen ties with Trump by praising the investments they make in the United States, uncertainty about prices and regulations also shaken the technological industry.

Trump has placed prices up to 145% on Chinese imports, a decision that prompted some merchants who sell goods made in China by offering discounts as part of Amazon Prime Day, Reuters reported.

In April, when Trump announced that his administration planned to impose a reference rate at 10% on imports from all countries, the technology industry groups warned that this decision would increase the cost of consumer electronics, including Apple iPhone.

The White House said it imposed prices to bring back manufacturing jobs to the United States and that relying too much on foreign producers could threaten economic security.

Asset Then he said that he would exempt some electronics such as laptops and prices smartphones.

The White House did not immediately respond to a request for comments but seems to have resolved tensions with Amazon. Asset Journalists said Tuesday that he had received a “big” call with the founder of Amazon and executive president Jeff Bezos.

“He solved a problem very quickly. And he did the right thing, and he's a good guy,” said Trump.

Amazon's stock dropped after the White House remarks, but jumped after the company said that it would not pass with the idea. Amazon’s stock price fell slightly on Tuesday to end at $ 187.39.

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