PResident Donald Trump and Amazon Jeff Bezos founder argue again.
The White House was unleashed Tuesday on Amazon for plans to display the amount of cost of a product comes from Trump prices. This would emphasize consumers that American prices are not paid by companies abroad, but by American companies that import the goods, then have been largely transmitted to customers.
“This is a hostile and political act of Amazon,” the Journalists of the White House, Karoline Leavitt, journalists in a briefing focused on the economy and the 100th day of the power of Trump, Tuesday told journalists on Tuesday. She said she had just spoken to Trump on the phone of Amazon’s plan, citing a report of Punchbowl News. “Why didn’t Amazon do this when the Biden administration has increased inflation at the highest level in 40 years?” Said Leavitt. Amazon quickly challenged the report, with a spokesperson saying to Washington Job On Tuesday, the company did not envisage registration the tariff costs on the Amazon main website, but that a team that runs a section at a lower cost of the site called Amazon Haul had planned to list the import costs on certain products.
Bezos was faced publicly with Trump for years. When Trump introduced himself to the presidency in 2016, he said that Trump’s calls to “lock up” his political rival Hillary Clinton “erudite our democracy”. Trump called him “Jeff Bozo”.
But Bezos extended an olive branch last summer after Trump was shot in the ear during a gathering in Butler, Pennsylvania, writing on X that Trump had shown “a huge grace and courage”. After Washington belonging to Bezos Job Decided not to approve a presidential candidate in 2024, Bezos defended the decision, claiming that the presidential notices “create a perception of the bias”. When Trump won a second term, Bezos congratulated the “extraordinary political return of Trump and the decisive victory” and told New York in New York Times The event he wanted to work with Trump to reduce the regulations and was “in fact very optimistic” as to Trump’s return to his functions.
This prospect may have changed in the past 100 days, because Trump has launched a trade war which included 10% of prices between the edges on all the goods brought to the United States and a tariff of 145% on goods from China. Trump has paused even higher prices on dozens of countries for 90 days to allow countries to pet his administration for rescue directly. The higher prices should be set up in July. Trump officials say they are negotiating trade agreements with 17 countries, but commercial negotiations with China are dead.
The pricing announcements in suddenly have made investors, destroying billions of value of the stock markets and frustrating business leaders who have trouble making commercial decisions without knowing how much goods will cost in the long term.
The secretary of the Treasury, Scott Bessent, who appeared on Tuesday in the press conference room on Tuesday, said that Trump’s erratic tariff actions were part of the president’s negotiation strategy to conclude better commercial transactions and encourage more companies to open factories in the United States “President Trump creates what I call a strategic uncertainty in negotiations.”
Bessent has recognized that some business leaders have withdrawn from the launch of new projects in recent weeks. He said Trump’s work by undressing federal regulations and a tax bill that Republicans hope to adopt this summer could include companies to buy equipment and build new factories. “The business leaders, they took a break, and I think we are going to give them a great certainty on this tax bill,” said Bessent.
The Republicans of Congress hope to include a series of tax lounges in the bill they hope to finish in early July. On the campaign track, Trump has promised that he would end the Taxes on Advice, Overtime, Social Security Payments and Automobile Payments for Cars Made in the United States, Bessent said that Trump was pushing for companies to be able to deduce the cost of new equipment and factory buildings to encourage more manufacturing in the United States
Learn more:: What the Congress was done in the first 100 days of Trump
Americans have become more skeptical of Trump’s economic decisions since he took office. A Reuters / Ipsos survey conducted in mid-April revealed that 37% of Americans approve the management of the economy by Trump, against 42% at the end of January.
