Tariffs Force Chinese Sellers to Raise Prices or Leave Amazon
U.S. tariffs have reportedly left Chinese companies on Amazon with a tough choice: Hike their prices, or leave the platform altogether.That’s according to a report late Wednesday (April 9) by Reuters, citing interviews with those merchants and the head of China’s largest eCommerce association.The shift follows President Donald Trump’s announcement that he would increase tariffs on Chinese imports to 125% from the 104% level already in place, even as the White House placed tariffs on other nations on hold.“T ...