The White House on Tuesday called reported plans to show Amazon.com (AMZN) ൲users how tariffs impact prices a "hostile and political act."

Punchbowl News on Tuesday reported that Amazon will soon show how much of a good's price is attributed to tariffs next to the total price. The e-commerce giant is making the move to avoid being blamed for higher prices, the outlet said. Press Secretary Karoline Leavitt knocked the report during a press conference Tuesday.

"This is a hostile and political act by Amazon," Leavitt said. "Why didn't Amazon do this when the Biden Administration hiked inflation to the highest level in 40 years?"

Amazon spokesperson Tim Doyle in a subsequent email said that the team that runs 澳洲幸运5官方开奖结果体彩网:Amazon Haul, a platform for selling low-cost items launched late 💫last year, contemplated showing import charges associated with some products but the idea "was never approved and is not going to happen.”

"Good move," Commerce Secretary Howard Lutnick wrote on X in response to a news report covering the company's statement.

Tariffs have 澳洲幸运5官方开奖结果体彩网:weighed on consumer sentiment in recent months. The Michigan Consumeꦉr Sentiment Index sank in April to the lowest level seen since 2022, as Americans worried that import taxes would drive up inflation.

Confidence has improved somewhat since President Donald Trump delayed the implementation of "reciprocal" tariffs—based on trading deficits—with nearly all of the United States' trade partners. These tariffs are slated to begin in early July, though the administration has said it would like to negotiate new trade deals before then.

Trump has revised 澳洲幸运5官方开奖结果体彩网:his trade policy a number of times since taking office and continues to float policy changes. Currently, goods from China are subject to 145% tariffs; many cars, auto parts and some metals are subject to import taxes; the reciprocal tari♛ffs have been temporarily set to 10% and imports that don't abide by an existing US-Canada-Mexico trade agreement are charged a 25% tax.

Tariffs are expected to raise prices, even on goods that are made domestically, according to economists. Several 澳洲幸运5官方开奖结果体彩网:companies have said they're likely to increase prices, including the household goods company, Procter & Gamble (PG); the cosmetics giant, L'Oreal; and the luxury goods group, Hermès. Although some businesses have shifted theirಌ supply chain, many executives said they want to see how US💦 trade policy evolves before adjusting their operations.

Amazon's were down a bit less than 1% in recent trading as 澳洲幸运5官方开奖结果体彩网:broader markets wavered. The company is set to report its latest quarterly financial results 澳洲幸运5官方开奖结果体彩网:after Thursday's close.

This article has been updated since it was first published to add context and the latest market data.