Tariffs articles

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Trump tariffs haven't impacted Amazon's prices or customer spending, says CEO

In contrast to Walmart and Target, Amazon reports no tariff-driven average-price hikes
In brief: Amazon CEO Andy Jassy has assured the company's shareholders that Trump's tariffs have neither increased average selling prices of items on the site nor have they affected consumer demand. It comes a few weeks after Amazon was blasted by the White House over a plan to show exactly how much the tariffs will increase the cost of items on its Amazon Haul site.
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Amazon backs away from plan to display tariff costs as Trump calls Bezos over "hostile" act

"Another reason why Americans should buy American"
A hot potato: Amazon has backed away from a plan to show exactly how much the Trump tariffs will increase the cost of items on its Amazon Haul site. The White House had called the potential move a "hostile and political act," and the president himself called Amazon founder Jeff Bezos to discuss the matter.
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Trump administration exempts phones, computers, CPUs, memory, and chipmaking tools from sweeping tariffs

The exemptions cover $390 billion in yearly US imports
Why it matters: The Trump administration has granted a reprieve to global technology manufacturers by exempting smartphones, laptops, CPUs, memory chips, and electronics to make semiconductors from its sweeping tariffs on imports – a move that could ease pressure on companies like Apple and Nvidia while offering relief to consumers.
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Trump's dream of a US-made iPhone clashes with Apple's manufacturing reality

A $2,300 iPhone?
In context: President Trump's 104% tariff on goods imported from China is now in effect. It will have an enormous impact on many US firms, especially Apple, which relies heavily on China to manufacture its iPhones. Trump believes the solution is to start making the handsets in the US, but that would be nearly impossible, especially in the short term. And even if it were, iPhones would likely become much more expensive.
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