Some desperate sellers say Amazon is penalizing them for raising prices to combat Trump's China tariffs
3 Articles
3 Articles
Some desperate sellers say Amazon is penalizing them for raising prices to combat Trump's China tariffs
When Amazon CEO Andy Jassy was asked about the impact of President Trump’s new sky-high tariffs recently in an interview on CNBC, he posited that the e-commerce giant’s vast network of sellers would try to “pass that cost on” to customers and said he would understand if they did so. But when some brands and merchants have tried to do just that over the last two weeks, Amazon’s systems have penalized them, leading to plummeting sales, according t…
These companies said they will raise prices in response to Trump's tariffs
(97/Getty Images)(NEW YORK) -- President Donald Trump this month slapped tariffs on most products that enter the United States. Economists widely expect the policy to raise prices for U.S. shoppers as importers pass along a share of the tax burden.An…
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