Amazon makes bold move that the White House hates, then walks it back
The e-commerce leader is denying claims of a bold new tariff strategy.
As President Donald Trump’s trade war with China continues to cast strong uncertainty over the U.S. economy, many people are asking one question: How will this affect me?
For just about everyone, the answer can be boiled down to two words: higher prices. With the U.S. and China locked in a vicious tit-for-tat cycle of reciprocal tariffs, the cost of many products is expected to rise, from groceries to consumer electronics.
