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International Business Times UK
International Business Times UK
Technology
Tanmay Puri

Are Donald Trump's Tariffs to Blame for The Prices Rising on Amazon? - CEO Responds

Why Donald Trump Phoned Jeff Bezos After Amazon’s Tariff Price Disclosure Plan, and Are Prices Rising? (Credit: The White House, Public domain, via Wikimedia Commons)

You might have noticed in the past few weeks that prices of some goods on Amazon have suddenly gone up. Well, that might not be an accidental increase, as many shoppers have noticed that Amazon products seem more expensive than before.

Now, while e-commerce prices rarely move in isolation, the debate over rising costs has focused on trade policy, especially the tariffs introduced by United States President Donald Trump. Tariffs are basically taxes on imports made to protect domestic industries and generate government revenue, but they can also raise costs for retailers and consumers.

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