Chinese sellers on Amazon to hike prices or exit US as tariffs soar, association says
Chinese Amazon sellers are bracing for major price hikes or exiting the U.S. market altogether after President Trump raised tariffs on Chinese imports to 125%. Wang Xin, head of the Shenzhen Cross-Border E-Commerce Association, warned the move delivers an “unprecedented blow” to China's small manufacturers and could spike unemployment, as many sellers scramble to find alternative markets.
Chinese Amazon sellers are bracing for major price hikes or exiting the U.S. market altogether after President Trump raised tariffs on Chinese imports to 125%. Wang Xin, head of the Shenzhen Cross-Border E-Commerce Association, warned the move delivers an “unprecedented blow” to China's small manufacturers and could spike unemployment, as many sellers scramble to find alternative markets.
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