Amazon says it never planned to display Trump-era tariffs on product pages, disputing a report that drew a sharp response from the White House.
Amazon on Tuesday rejected a Punchbowl News report that it intended to list on its U.S. retail site the added costs of tariffs introduced under President Donald Trump. A company spokesperson said the idea had never been considered for Amazon’s main storefront, although a team operating the low-cost “Amazon Haul” shop had briefly discussed showing import fees on certain items.
White House Press Secretary Karoline Leavitt said she had spoken with President Trump about the report and quoted him as calling the idea “a hostile and political act by Amazon.” Amazon shares fell about 2.2 percent in pre-market trading after the comments but later recovered.
Since President Trump took office, his administration has applied a series of tariffs on major trading partners, including China. Leavitt pointed to those policies as part of a broader effort to strengthen U.S. supply chains and encourage domestic manufacturing, adding that Americans should “buy American.”
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Microsoft’s market capitalization surpassed $4 trillion in after-hours trading on Wednesday following a stronger-than-expected earnings report for its fiscal fourth quarter, driven by robust growth in its cloud business.
New Zealand’s parliament on Thursday passed legislation ending a ban on offshore oil and gas exploration, reversing a flagship policy of former Prime Minister Jacinda Ardern’s government.
The European Commission has said it does not view imposing network fees on major technology firms as a practical solution to the ongoing debate over funding the expansion of 5G and broadband infrastructure across the bloc.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
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New Zealand’s parliament on Thursday passed legislation ending a ban on offshore oil and gas exploration, reversing a flagship policy of former Prime Minister Jacinda Ardern’s government.
Iranian President Masoud Pezeshkian has issued a stark warning over unsustainable water usage, cautioning that the capital Tehran could face severe shortages as early as September if consumption is not brought under control, the semi-official Tasnim news agency reported on Thursday.
Twelve-year-old Shun Sasaki walks the paths of Hiroshima Peace Memorial Park with quiet determination, guiding tourists from around the world through the city’s scarred past in the hope of preserving its memory.
The U.S. Federal Reserve left its benchmark interest rate unchanged on Wednesday, maintaining the target range at 4.25% to 4.50%, despite mounting pressure from the Trump administration to ease borrowing costs.
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