This may backfire. Will they also show how much their profits are costing consumers?
Where exactly do you think Amazon's profits are coming from? Over half of their profit comes from AWS, and the retail side does not appear to have substantially different margins than brick and mortar retailers (~3% net margin).
Amazon to display tariff costs for consumers
41–50 of 443 posts
Re: Amazon to display tariff costs for consumers
#42Re: Amazon to display tariff costs for consumers
#43Re: Amazon to display tariff costs for consumers
#44Earlier quoted context omitted.
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
#45My uninformed guess is that this hurts the bottom line in at least the short term if customers are less likely to purchase an item which sports high tariffs (even if they might otherwise buy the item if the precise tariff were hidden). And the long term benefit to global trade (inasmuch as one sees that as a good thing, which I mostly do) isn't something that's very testable, much less certain.
Re: Amazon to display tariff costs for consumers
#46Earlier quoted context omitted.
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
#47Re: Amazon to display tariff costs for consumers
#48Earlier 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.
Some Amazon programmer tomorrow priceIncrease := (newPrice - oldPrice) / oldPrice var trump_tariff bool if priceIncrease > 1.0 { trump_tariff = true }
const trump_tariff = priceIncrease > 1.0
also saves you from not initializing the variable in the default/other case. :)Re: Amazon to display tariff costs for consumers
#49This 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.
Re: Amazon to display tariff costs for consumers
#50Are they going to show the cost of tariffs for other countries as well? Or just partisan hackiness?
There's nothing partisan about this, it's Amazon. They like free trade. It's about policy not the party