Economist Peter Schiff criticized President Donald Trump on Tuesday for reportedly pressuring Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos to abandon plans that would show consumers the cost of tariffs on product prices.

What Happened: “Apparently, Trump called Bezos personally to ‘convince’ him not to honestly inform consumers about the taxes they’re paying when they buy goods on Amazon,” Schiff wrote on X. “I don’t like this at all. This is the type of stuff you might expect to see in China, our supposed enemy in the trade war.”

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Schiff defended Amazon’s reported consideration to display tariff costs, arguing that “consumers have a right to know how much tax they are paying” and questioning the White House’s characterization of such transparency as a “hostile and political act.”

Apparently, Trump called Bezos personally to "convince" him not to honestly inform consumers about the taxes they're paying when they buy goods on Amazon. I don't like this at all. This is the type of stuff you might expect to see in China, our supposed enemy in the trade war.

— Peter Schiff (@PeterSchiff) April 29, 2025

The controversy emerged after reports that Amazon might display tariff costs next to product prices. While Amazon denied plans for its main site, the company acknowledged considering the idea for its Haul website, which sells items under $20.

See Also: Donald Trump just announced a $500 billion AI infrastructure deal — here's how you can invest in the entertainment market's next big disruptor at $2.25 per share.

Why It Matters: Trump, who has imposed tariffs of up to 145% on Chinese imports and a 10% minimum tax on goods from other countries, confirmed the call with Bezos, telling reporters, “Jeff Bezos was very nice. He was terrific. He solved the problem very quickly.”

White House Press Secretary Karoline Leavitt condemned Amazon’s potential move as a “hostile and political act.”

The disagreement unfolds as Amazon navigates challenges from Trump’s tariff policies, which analysts at Goldman Sachs expect could affect 6%-12% of the e-commerce giant’s operating margins in 2025.

Photo Courtesy: Jonah Elkowitz on Shutterstock.com

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This article Trump's Call To Jeff Bezos Over Amazon's Tariff Display Earns Peter Schiff's Ire: 'Type Of Stuff You Might Expect To See In China' originally appeared on Benzinga.com