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Amazon to display tariff costs for consumers

punchbowl.news

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Re: Amazon to display tariff costs for consumers

#31
The original article is behind a paywall so can't really read through it. But am guessing its something to do with the trade war with China. Alternative information source suggests it has something to do with sellers who import from China are pulling off from the Prime Day.

> Tariffs on sellers' goods are putting Amazon in an awkward position for Prime Day, said Arun Sundaram, an analyst at CFRA Research.

https://www.reuters.com/business/retail-consumer/some-amazon...

Re: Amazon to display tariff costs for consumers

#32
post #9
post #4

Presumably they can determine this for items directly imported, but for all other cases (such as a made-in-the-USA product that is built using made-in-China tools, or from made-in-China components), surely the cost impact on the final product could be extremely complex to work out, if they even have access to that level of supply chain detail?

A lazy way to do this is to take the current price as the non tariff price and assume any increase in price is based on tariffs.

That would also be quite a misleading way to do it.

Re: Amazon to display tariff costs for consumers

#33
post #17

Bezos slighting Trump? Interesting

Meh, he’s already paid millions in bribes (that we now about). That’ll buy him a pass for a little while.

Trump stabs everyone in the back eventually. It highlights the narcissism of all the tech CEOs that they somehow thought they would be different.

Re: Amazon to display tariff costs for consumers

#35
post #21

Cool, it is rare to see that kind of transparency. I live in a country with both tariffs / import taxes on a bunch of items, and a general VAT. VAT (25%) is the only thing you ever see as a consumer, and other taxes (like for exmaple 10.7% on clothes imported to my country) are hidden away by the stores. I've been checking out some of the aliexpress / temu / etc. subreddits, and US consumers are losing their marbles…

Who says it will be right? There are no real consumer protections any more. Why not just lie about it?

Flipping from discount everything store to monopolistic price gauging power house.

Re: Amazon to display tariff costs for consumers

#36
post #9

Earlier quoted context omitted.

A lazy way to do this is to take the current price as the non tariff price and assume any increase in price is based on tariffs.

That would also be quite a misleading way to do it.

I’m sure it would be off in some cases, but “quite misleading” seems like an exaggeration: the economy was steadily growing and there weren’t any major drivers of inflation other than Trump’s massive tax hike.

Re: Amazon to display tariff costs for consumers

#37

This may backfire. Will they also show how much their profits are costing consumers?

It will backfire if they don't do something nobody has ever done?

How does that work?

I think you mean that Trump people will get mad at them for highlighted his screwup. I'm sure that's true -- they've decided to back Trump no matter what, which leads them to numerous irrational positions -- but it's not like Amazon or anyone else can do anything about it. Trump and his supporters just thrash about destructively and we all pay the price.

Re: Amazon to display tariff costs for consumers

#38
post #9
post #4

Presumably they can determine this for items directly imported, but for all other cases (such as a made-in-the-USA product that is built using made-in-China tools, or from made-in-China components), surely the cost impact on the final product could be extremely complex to work out, if they even have access to that level of supply chain detail?

A lazy way to do this is to take the current price as the non tariff price and assume any increase in price is based on tariffs.

Some Amazon programmer tomorrow

priceIncrease := (newPrice - oldPrice) / oldPrice var trump_tariff bool

if priceIncrease > 1.0 { trump_tariff = true }

Re: Amazon to display tariff costs for consumers

#40

This may backfire. Will they also show how much their profits are costing consumers?

Would that actually be very much for any particular item? Amazon is a business whose success is due to scaling a very small profit on billions of transactions rather than making very much on any particular sale.
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