April 10, 2025, 12:21 pm
New tariffs imposed by the Trump administration have sparked panic among Chinese sellers on Amazon, with reports indicating that steep duty hikes—up to 125%—are threatening profitability. Concurrently, Amazon CEO Andy Jassy expressed concerns that these costs will be passed on to U.S. consumers, intensifying market pressure. The reaction underscores the significant impact of trade policies on e-commerce and global supply chains, as affected sellers reassess their positions in the U.S. market.
This revised rate includes a 20% tariff imposed earlier this year in response to fentanyl trafficking.
Cambricon Technologies said overseas revenue made up less than 1% of its total in 2023 and 2024.
Trump's tariffs are poised to raise prices on Amazon and devastate small businesses that source products from China, sellers told CNBC.
"It'll be very hard for anyone to survive in the US market," Chinese group says.
Trump’s 125% tariff on Chinese goods is rattling Amazon sellers from China, forcing them to raise prices or exit the U.S. market as their cost structure is overwhelmed. The move is designed to curb cheap imports and revive U.S. industry by shifting production overseas.
5 stories from 4 sources in 5 days ago ... #ecommerce #techpolicy #china #fang #ai #semiconductors #chips
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