Amazon (AMZN) is denying reports that it will display the impact of tariffs next to the price of products on its e-commerce site that drew the ire of the Trump administration on Tuesday.
According to Washington Post reporter Jeff Stein, Amazon said it was never considering adding the additional cost caused by tariffs next to the price of goods on its main website, but rather was contemplating doing so on its low-cost Amazon Haul site.
Earlier on Tuesday, Punchbowl News reported that Amazon would show tariff-related price increases on goods. White House Press Secretary Karoline Leavitt called the move "a hostile and political act."
Amazon stock was off 1% in early trading.
