President Donald Trump recently revealed that he had personally launched the Amazon founder, Jeff Bezos, to discuss the company’s rumor plan to display the costs of definitions next to the prices of products. In an interview with NBC News’ Meet the Press, Trump shared the details of the conversation, saying that Bezos immediately agreed to remove customs tariff information. Yahoo Finance reported that this decision followed a news article that Amazon denied, claiming that they had no intention to implement such an offer.
Also read: Warren Buffett criticizes global commercial conflicts and definitions
Amazon, who is facing a turbulent financial period, has reported $ 1 billion in one -time fee in the last quarter, with tariffs and customer revenues in this loss. According to the data from the IndexBox platform, this customs tariff also led to an increase in prices on many common items, including home appliances, snacks and clothes.
In the broader economic context, Trump’s tariff policies had a noticeable impact on some of the richest individuals in Jeff Bezos in the United States, for example, witnessing his net wealth by more than $ 30 billion since January, and the Bloomberg billionaire Bloomerg reported. Despite criticism, Trump is still steadfast in his approach, stressing the importance of domestic production to avoid definitions.
The White House criticized the alleged Amazon plan, as journalist Caroline Levitte described it as “hostile and political work.” The Trump administration continues to maintain a fixed position on the definitions, stressing that it is a strategic tool for promoting American capitalism.
Source: Indexbox Market Intelligence
