Amazon disclosed roughly $1 billion in one-time charges during its first-quarter results. Tariffs were at least partly to blame.

Amazon.com Inc. said it’s bracing for a tougher business climate in the coming months, echoing concerns from a range of companies that tariffs and related economic turmoil could crimp consumer spending.

The White House's reaction to reports that Amazon was planning to itemize tariff pricing — which Amazon later denied — shows how tricky the current political landscape is for American businesses. Why it matters: This kerfuffle highlights the potential blame game between corporations and the administration,