Amazon(US:AMZN) Xin Hua She·2025-04-30 03:46Core Viewpoint - Amazon plans to display the tariff costs associated with its products, leading to a strong backlash from the White House, which labeled the move as "hostile" and politically motivated [1][3][5]. Group 1: Amazon's Actions - Amazon is considering showing the tariff costs on certain products, specifically within its low-price shopping segment, Amazon Haul, but this has not been approved or implemented [5]. - The initiative aims to inform consumers about the financial impact of tariffs on their purchases [3]. Group 2: Government Response - The White House criticized Amazon's plan, with Press Secretary Levitt questioning why the company did not take similar actions during the Biden administration's inflationary period [3][5]. - President Trump expressed his dissatisfaction with Amazon's actions and communicated directly with CEO Jeff Bezos [3][5]. Group 3: Economic Context - The backlash against Amazon's plan occurs amid growing concerns about the impact of tariffs on the U.S. economy, with economists and business leaders disputing the notion that trade partners bear the cost of tariffs [5]. - Recent polling indicates that a significant portion of the American public views the economy negatively, with 73% believing the economic situation is poor and 64% opposing Trump's tariff policies [9]. Group 4: Impact on Related Companies - UPS, Amazon's largest shipping partner, announced plans to reduce approximately 20,000 operational positions, correlating with a decrease in business volume from Amazon [11]. - UPS's first-quarter revenue fell to $21.546 billion, a 0.7% year-over-year decline, with expectations of further revenue drops due to changing tariff policies [11].