Overview
- President Trump revealed he personally called Amazon's Jeff Bezos to oppose plans for listing tariff-related surcharges, leading to the idea being scrapped.
- Trump defended his tariff policy as an incentive for domestic production, claiming tariffs are absorbed by companies and not passed to consumers.
- Amazon confirmed that its Haul store considered displaying tariff costs but stated the proposal was never approved and will not be implemented.
- The interaction reflects a warming relationship between Trump and Bezos, marked by Amazon's recent $1 million contribution to Trump's inauguration fund.
- Senator Elizabeth Warren continues to lead a congressional inquiry into the implications of Trump's direct interventions with corporate leaders.