Fake news? Trial balloon? Big misunderstanding?
At the very least, it sounds like Punchbowl News didn’t do enough checking on a “scoop” this morning. Earlier today, the DC-Media-insider site reported that Amazon had entered the tariff wars. Punchbowl alerted reader that the online giant would soon break out tariff price hikes, in order to make clear to consumers what Donald Trump’s policies were doing to their wallets:
Amazon doesn’t want to shoulder the blame for the cost of President Donald Trump’s trade war.
So the e-commerce giant will soon show how much Trump’s tariffs are adding to the price of each product, according to a person familiar with the plan.
The shopping site will display how much of an item’s cost is derived from tariffs – right next to the product’s total listed price.
Honestly, this might not be a bad idea — if it weren’t so…