Trump tariffs mean higher prices, big losses for Amazon sellers that source from China
1. Trump's tariffs raised costs for Amazon, affecting 70% of seller goods from China. 2. Amazon CEO stated costs will likely pass to consumers, affecting sales. 3. Tariff impacts may prompt sellers to increase prices, potentially hurting demand. 4. Elimination of 'de minimis' could benefit U.S. sellers and harm competitors. 5. Uncertainty over tariffs creates instability, challenging overall market confidence.