“The real cost of Trump’s tariffs: Amazon accidentally tells the truth”
Amazon Accidentally Reveals the True Cost of Trump’s Tariffs
In a recent statement, Donald Trump made claims about the impact of his tariffs that have been called into question by Amazon. During a recent earnings call, the company’s CFO, Brian Olsavsky, admitted that the cost of tariffs imposed by the Trump administration on Chinese imports had indeed increased their costs. This admission contradicts Trump’s repeated assertions that China is bearing the cost of the tariffs, rather than American consumers and businesses.
Trump’s claim, made during a press conference in August, was as follows: “Don’t let them tell you, the fact is, China devalues their currency, they pour money into their system, they pour it in, and because they do that, you’re not paying for those tariffs, China
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