Amazon sellers raise prices after Trump's China tariff: 'It's unsustainable'
Publishing timestamp: 2025-04-25 12:00:01
Summary
Amazon sellers are raising prices on top-selling items due to higher import costs from President Trump's new tariffs. Many sellers, including those based in China, are looking for new suppliers in other countries to avoid the increased tariffs. This has led to price increases on a variety of products on Amazon, with some sellers also cutting costs by laying off workers and reducing ad spending.
Sentiment: NEGATIVE
Tickers: AMZN,
Keywords: economy, internet, breaking news: politics, technology, politics, donald j. trump, business news, donald trump, breaking news: economy, amazon.com inc, breaking news: technology,
Source: https://www.cnbc.com/2025/04/25/amazon-sellers-hike-prices-of-goods-after-trumps-china-tariffs.html