Chinese-based Amazon sellers weigh price hikes or exiting US: report [FOX Business Network]
Amazon.com, Inc. (AMZN)
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Source: FOX Business Network
Chinese sellers on Amazon's marketplace are weighing whether to hike prices in the U.S. or leave the market entirely due to President Donald Trump's tariffs on China. The head of the Shenzhen Cross Border E-commerce Association, Wang Xin, told Reuters that it will be "very hard for anyone to survive in the U.S. market," calling Trump's tariff plan an "unprecedented blow." The Shenzhen Cross Border E-commerce Association represents 3,000 Amazon sellers. FOX Business reached out to Amazon for comment. On Wednesday, Trump raised tariffs on Chinese imports to 125% in direct response to China boosting tariffs on American goods to 84%. That hike took effect immediately due to Beijing's "lack of respect," Trump posted on Truth Social. Trump simultaneously gave all other nations a brief reprieve, announcing that reciprocal tariffs on other countries would be paused for 90 days, during which the tariff rate for all U.S. imports would be 10%. Amazon's marketplace is largely occupie
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AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website