Statistics reveal that Chinese companies selling on Amazon are facing a critical decision due to a 145% tariff on their products entering the US market. This tariff comprises a newly raised 125% and an existing 20% fentanyl-related tariff. The Shenzhen Cross-Border E-Commerce Association, representing over 3,000 Amazon sellers, indicates that these tariffs could devastate the cost structure for sellers, making survival in the US market challenging. Additionally, the tariffs may cause customs delays and increase logistics costs. Amazon CEO Andy Jassy anticipates that these tariffs will be passed onto US consumers, as sellers lack the margin to absorb such costs. This situation follows a 90-day pause on tariff hikes for other countries, announced concurrently with the tariff increase on Chinese imports.
CNBC-TV18
@CNBCTV18News
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2h President Trump’s tariff war has hit Amazon sellers particularly hard. With 70% of Amazon products sourced from China, sellers are facing steep cost increases. As the Amazon stock dips, the pressure is mounting on Trump to strike a deal with China.
@sanjaysuri88
#Watch#US
Prodigal
@ProdigalThe3rd
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Apr 10 Nom. Nom. Nom.
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“Trump triples tariff that affects packages from Shein, Temu”“Chinese sellers on Amazon to hike prices or exit US as tariffs soar”Tariffs will severely impact China’s small enterprises & manufacturers, while rapidly accelerating Beijing’s unemployment rate
Victor Bigham
@Ravious101
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20h Does anyone plan on buying Chinese goods?
Chinese Amazon sellers may raise U.S. prices or exit due to tariffs: Reuters
Crocky
@Offical_Crocky
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Apr 9 BREAKING: Chinese Amazon sellers face tough choices as Trump’s tariffs soar to 125%—price hikes or US market exit on the horizon, per Shenzhen E-Commerce Assoc. #TradeWar #Amazon
BigBreakingWire
@BigBreakingWire
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9h China’s Amazon sellers are reeling as U.S. tariffs jump to 125+20=145%. Many plan steep price hikes or full market exits, threatening their profits and reshaping cross-border e-commerce as they explore new global markets.More
Flux Charts
@FluxCharts
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Apr 10 JUST IN: : us Chinese sellers on Amazon $AMZN are considering price hikes or exiting the U.S. market due to Trump’s 125% tariffs, signaling major implications for e-commerce.
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