Amid the trade war triggered by the steep tariffs imposed by the US, companies are attempting to mitigate the impact on their business by raising prices. A new report claims that Amazon was planning to add import fees to show how much these tariffs are increasing the total price of products. However, the company has now publicly refuted the report.
According to a report published this morning by Punchbowl News, Amazon doesn’t want to take the blame for increasing prices. It’s said that the e-commerce giant is planning to display just how much of a product’s cost is derived from tariffs. This information would be shown right next to the final listed price.
