07:59:58 EDT Tue 01 Jul 2025
Enter Symbol
or Name
USA
CA



Amazon.com CDR (CAD Hedged)
Symbol AMZN
Shares Issued 32,050,000
Close 2025-04-29 C$ 22.11
Market Cap C$ 708,625,500
Recent Sedar Documents

Globe/NYT say Amazon won't be displaying tariff costs

2025-04-30 08:23 ET - In the News

The Globe and Mail reports in its Wednesday edition that White House press secretary Karoline Leavitt on Tuesday accused Amazon of being "hostile and political," citing a report -- disputed by Amazon -- saying that the company would start displaying the exact cost of tariff-related price increases alongside its products. A New York Times dispatch to The Globe says that displaying the import fees would have made clear to American consumers that they are shouldering the cost of President Donald Trump's tariff policies rather than China, as he and his top officials have often claimed would be the case. After the report was published, Mr. Trump spoke about it over the phone with Jeff Bezos, Amazon's founder. An Amazon spokesperson said the company had considered a similar idea on part of its site, Amazon Haul, which competes with Temu, a Chinese retailer. Temu primarily ships directly to consumers and has begun displaying "import charges" to reflect the end of a customs loophole that had exempted low-priced items from tariffs. Ms. Leavitt's attack on Amazon was all the more noteworthy because Mr. Bezos has lately gone to great lengths to curry favour with this White House, donating $1-million to Mr. Trump's inaugural fund.

© 2025 Canjex Publishing Ltd. All rights reserved.