President Donald Trump recently revealed that he personally contacted Amazon’s founder Jeff Bezos to discuss the company’s rumor program to display tariff costs along the product price. In an interview with NBC News’ Meeting with the press, Trump shared the details of the conversation and stated that Bezos immediately agreed to remove tariff information. Yahoo Finance reported that the decision was looking for a news article Punchbowl, which Amazon denied, claiming that they did not intend to run such an exhibition.
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Amazon, who is confronted with a turbulent financial period, reported one billion dollars at disposable costs in his last quarter, with tariffs and customer returns significantly involved in this loss. According to the Indexbox platform data, these tariffs have also led to rising prices in several popular cases, including home appliances, snacks and clothing.
In a broader economic context, Trump’s tariff policies have had a significant impact on some of the richest people in Jeff Bezos, the United States, for example, since January has reduced his net worth more than $ 30 billion, as reported by the Bloomberg billionaires. Despite criticism, Trump is steadfast in his approach and emphasizes the importance of domestic production to prevent tariffs.
The White House has criticized Amazon’s claim, although the Minister of Press Caroline Levit called it a “hostile and political act”. The Trump administration continues to maintain a strong position on tariffs and claims that they are a strategic tool to strengthen American capitalism.
Source: Indexbox market information platform
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