Hey there! Have you ever shopped online and wondered how the prices are set? Well, here’s some news about Amazon, one of the biggest online stores in the world! 🛒
Recently, Amazon thought about adding extra fees to show the cost of tariffs on some products. Tariffs are like taxes on goods coming from other countries. For example, if a toy is made in another country and brought into the U.S., the government might charge a tariff.
Amazon considered showing these tariffs in the prices of products on its website called Haul, which sells low-cost items. But after some confusion and a strong reaction from the White House (that’s where the U.S. President works! 🏛️), Amazon decided not to do it.
The White House said that showing tariffs would be a “hostile and political act.” They wondered why Amazon didn’t do this when past presidents made changes that affected prices.
Even former President Trump called Amazon’s founder, Jeff Bezos (you might have heard of him! 🚀), to talk about it. After their chat, Amazon decided to drop the plan.
So, what does this mean for you? Well, when you shop on Amazon, you won’t see extra fees for tariffs added to the price. Amazon wants to keep shopping simple and not get involved in political debates.
Many companies are concerned about tariffs because they can make things more expensive. But for now, Amazon is keeping prices as they are.
Isn’t it interesting how big companies and governments interact? Next time you shop online, you’ll know a little more about how prices are set! 🛍️
Reference(s):
cgtn.com
