After a false report and a political firestorm, Amazon found itself in the crosshairs of the Trump White House over tariffs. The e-commerce giant issued a statement denying that it planned to list import tariffs next to product prices after Punchbowl News had reported Amazon would show how much of each item’s cost stems from Trump’s tariffs.

The report triggered a full-on political tantrum. White House Press Secretary Karoline Leavitt called the move “hostile,” accusing Amazon of working with Chinese propaganda. President Trump reportedly called Jeff Bezos directly—flipping from fury to flattery. By afternoon, Trump was praising Bezos: “He solved a problem very quickly. He’s a good guy,” he said.

The bigger issue remains tariffs. Economists warn that Trump’s trade wars are contributing to inflation. Retailers such as Temu and Shein are already raising prices and citing increased import costs.

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