
Amazon.com Inc. (NASDAQ:AMZN) has subtly increased prices on everyday items in a move that is in stark contrast to the company’s earlier promise to maintain prices despite the tariffs.
What Happened: Amazon has raised prices on a range of low-cost products by an average of 5% since the initial tariff announcement by President Donald Trump in February, reported The Wall Street Journal. This increase is despite Amazon’s previous commitment to price stability in April.