Reported about 8 hours ago
The White House has condemned Amazon's intention to reveal how U.S. tariffs are impacting product prices, labeling it a 'hostile and political act' by the retail giant. Press secretary Karoline Leavitt highlighted past connections between Amazon and China, stating that such a move raises questions about timing against a backdrop of rising inflation. Following the announcement, Amazon's shares dropped in premarket trading.
Source: YAHOO