Chinese electronics company Anker starts raising prices on Amazon
US import tariffs on Chinese products now stand at 145%. Beijing on Friday raised its tariff on U.S. goods to 125%, as a trade war between the world's top two economies intensifies. The move follows warnings from China's largest cross-border ecommerce association that many Chinese companies that sell products on Amazon are preparing to hike prices for the U.S. or quit the market due to the tariffs.
US import tariffs on Chinese products now stand at 145%. Beijing on Friday raised its tariff on U.S. goods to 125%, as a trade war between the world's top two economies intensifies. The move follows warnings from China's largest cross-border ecommerce association that many Chinese companies that sell products on Amazon are preparing to hike prices for the U.S. or quit the market due to the tariffs.
What's Your Reaction?
