Economy & Business World

White House calls Amazon tariff price display “hostile and political”  AxiosWhite House blasts Amazon over tariff cost report: ‘Hostile and political act’  CNBCWhite House blasts ‘hostile’ Amazon over tariffs while marking Trump’s 100 days – live updates  BBCTrump admin live updates: Amazon reportedly to display tariff costs, prompting White House pushback  ABC NewsWhite House blasts ‘China-aligned’ Amazon over tariff surcharge label: ‘This is a hostile, political act’  New York Post

Trainer prices will rise due to tariffs, says Adidas  BBCAdidas warns it will raise prices on all U.S. products due to tariffs  CNBCAdidas Warns Sneakers Will Cost More in the U.S. as Trump’s Tariffs Take Effect  The New York TimesAdidas holds back on profit upgrade due to tariff uncertainty  ReutersAdidas Confirms Guidance But Warns of Potential Hit From U.S. Tariffs  WSJ

Exclusive | Trump to Soften Blow of Automotive Tariffs  WSJWhite House confirms ‘stacked’ tariff reprieve for auto industry  CNBCHoward Lutnick says ‘deal’ has been reached on auto tariffs  CNNTrump Administration Looks to Take Steps to Ease Pain From Car Tariffs  The New York TimesAutomakers to get a break on some Trump tariffs — but the outlook for the ‘Big 3’ is still cloudy  NBC News

‘Did I Miss Something?’: Online Shoppers Shocked as Trump Tariffs Jack Up Prices 145%  GizmodoTemu adds ‘import charges’ of about 145% after Trump tariffs, more than doubling price of many items  CNBCTemu adds ‘import charges’ after Trump tariffs: What to know  FOX 13 Tampa BayShein and Temu set to raise prices in response to tariffs  ABC NewsA tariff loophole is about to close. Here’s how it’s hitting online shopping  qz.com

Scott Bessent: Tariff revenue will provide income tax relief  Washington TimesTreasury secretary says markets uncertainty is good for Trump negotiating trade deals. Follow live updates.  The Boston GlobeBessent Says It’s Up to China to De-Escalate the Trade War  Bloomberg.comBessent Says China Must Take Lead on Tariffs Talks, Hints at India Deal  Barron’sVideo: Bessent Declines to Say Whether Trump Has Spoken to China’s Xi  WSJ

Adidas Warns Sneakers Will Cost More in the U.S. as Trump’s Tariffs Take Effect  The New York TimesAdidas warns it will raise prices on all U.S. products due to tariffs  CNBCTrainer prices will rise due to tariffs, says Adidas  BBCAdidas holds back on profit upgrade due to tariff uncertainty  ReutersAdidas Confirms Guidance But Warns of Potential Hit From U.S. Tariffs  WSJ

Pfizer Inches Down On Mixed Report As Cost Cuts Boost Earnings  Investor’s Business DailyPfizer Earnings Beat Isn’t Enough to Ease Stock Worries  Barron’sPfizer leans on cost cuts to offset falling revenue  ReutersPfizer expands cost cuts, tops quarterly profit estimates even as sales fall  CNBCPfizer Announces Another $1.7B in Cost Savings, Including R&D Revamp  BioSpace

Spotify Stock Tumbles as Q1 Profit Comes Up Well Short of Estimates  InvestopediaSpotify Subscriber Gains Continue, With Revenue Buoyed by Price Hikes  WSJSpotify’s high payroll taxes hurt profit, shares slide  ReutersSpotify adds subscribers as music lovers tune out Trump tariff ‘noise’  Financial TimesSpotify Reports First Quarter 2025 Earnings  Spotify

UPS Stock Rises After Earnings. Why Guidance Is a Worry.  Barron’sUPS to cut 20,000 jobs on likely lower Amazon shipments, profit beats estimates  Yahoo FinanceUPS says it’s cutting 20,000 jobs amid reduction in Amazon shipments  CBS NewsUPS profit beats estimates, to cut 20,000 jobs on economic worries  CNBCUPS to cut 20,000 jobs, close dozens of buildings due to lower Amazon volumes  MarketWatch

Starlink’s got company — and orbital overcrowding is a disaster waiting to happen  The VergeAmazon Launches First 27 Project Kuiper Internet Satellites  The New York TimesAmazon launches Project Kuiper satellites designed to compete with Elon Musk’s SpaceX  CNNAmazon launches first Kuiper internet satellites, taking on Starlink  ReutersAmazon Wants to Be a Satellite-Internet Powerhouse. It Has a Long Way to Go.  WSJ