That $119 swimsuit? With tariffs it will cost you $360.
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Amazon this week denied a report that it would display tariff charges on imported goods for sale on its platform after the White House denounced the move as a "hostile and political act." But other retailers are breaking out the import duties on customer receipts — sometimes causing shock among shoppers.
Amid sweeping tariffs newly imposed by President Trump, including 145% levies on goods made in China, businesses are raising prices on a wide range of products, rather than absorbing the added costs from the steep taxes on imported items. Some are opting to tell consumers exactly why prices are rising by adding tariff surcharges to customers' bills. Others are simply raising prices across the board.
Political news site Punchbowl on Tuesday reported that Amazon planned to list added costs derived from tariffs next to certain products sold on its site. The e-commerce giant pushed back on the report's claim, telling CBS News on Tuesday that its Amazon Haul store only "considered the idea of listing import charges on certain products."
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