meta_pixel
Tapesearch Logo
Log in
Marketplace All-in-One

Should companies advertise tariff-related price increases?

Marketplace All-in-One

Marketplace

News, Business

4.81.3K Ratings

🗓️ 30 April 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

Amazon backtracked yesterday after reporting revealed the company was planning to display how much tariffs were raising prices on individual items and the White House angrily pushed back. Other companies, including Temu and Volkswagen, are being upfront with customers about tariffs’ impact on product prices. We'll hear more. Also on the show: factory activity falls in China, and a view of the economy before Donald Trump took office and 100 days into his second term.

Transcript

Click on a timestamp to play from that location

0:00.0

transparency, politics, and what goes into the prices you pay on Amazon. I'm David Brancaccio in Los Angeles.

0:09.2

After a published report that Amazon was planning to break out for customers how much tariffs were raising prices on individual items, there was sharp pushback from the White House.

0:19.0

The spokesperson called this quota hostile and political act.

0:22.9

Amazon says that plan is now off the table.

0:25.8

Other companies are displaying this in their pricing.

0:28.8

Timo is listing import charges at checkout.

0:31.3

Volkswagen said earlier this month it would display an import fee.

0:35.0

Marketplaces Samantha Fields reports.

0:37.6

These days, Mark Cohen, the recently retired director of retail studies at Columbia Business

0:42.1

School, is getting a lot of phone calls from people he knows in the fashion business.

0:46.4

They're calling me looking for an opinion as to whether they should mark their prices as being

0:51.8

tariff-driven. And my answer is, yes, you bet. Because if you're a

0:56.3

customer and you go to a store to buy something you're used to getting for $100 and it's suddenly

1:00.7

150, I think you deserve an explanation. But Cohen says businesses are torn between wanting to give

1:07.3

that explanation and being concerned it might not go over well.

1:14.1

Nitin Jan at Alex's partners says they have reason to be.

1:19.4

Because of the backlash that many retailers have seen in the recent past,

1:23.1

retailers are conscious about not taking a political view. But just increasing prices may cause its own backlash.

1:27.0

Arun Sundaram at CFRA Research says some businesses may have no choice,

1:31.5

but others like big box retailers are looking to avoid it.

1:35.1

They're trying to move sourcing out of China, for example, or work with different suppliers.

1:40.0

A lot of them have also been buying inventory in advance.

...

Transcript will be available on the free plan in 27 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.