Amazon briefly sparked political controversy after exploring the idea of showing shoppers how tariffs are impacting product prices—a move that quickly drew fire from President Trump’s team.
According to a report from Punchbowl News, the company considered adding a feature to its Amazon Haul platform that would make import-related cost increases visible to consumers.
Trump’s camp slammed the idea, calling it a politically motivated jab and questioning why Amazon hadn’t flagged inflation spikes under the Biden administration in the same way.
Despite the noise, Amazon stock rose 1.3% on the day, closing at $187.46 on April 30. A spokesperson later clarified that the proposed feature wasn’t intended for Amazon’s main shopping site and that tensions eased after a phone call between Trump and founder Jeff Bezos.
Even with the issue apparently settled for now, Amazon could still feel the impact of shifting trade policies in the months ahead. Tariffs remain a risk for retailers with complex supply chains, and analysts will be watching closely during the company’s upcoming earnings report on May 1.
Although price targets for Amazon shares have been revised slightly lower in recent weeks, market sentiment remains positive overall. After a mixed Q4 performance—where strong results were undercut by cautious guidance—investors are looking for signs of stability as Q1 results approach.
Eric Trump has voiced strong support for cryptocurrency, criticizing traditional banking for falling behind the times.
Binance has rolled out new borrowing options for a fresh batch of altcoins, introducing Hyperlane, SIGN, Initia, KERNEL, and WalletConnect to its VIP Loan platform.
A federal court in Texas has blocked the U.S. Treasury from ever reimposing sanctions on the crypto mixing service Tornado Cash, putting an end to a long-running legal saga.
The landscape for crypto acquisitions and listings is exploding in 2025, and billionaire investor Chamath Palihapitiya believes it’s no accident.