Trump's 125% tariffs hit Chinese Amazon sellers hard, forcing them to raise prices or quit the US

Serving tech enthusiasts for over 25 years.TechSpot means tech analysis and advice you can trust Why it matters: Although President Trump has implemented a 90-day pause on his latest tariffs, China has been hit even harder, with duties on items it exports to the US reaching 125%. This is expected to have a significant impact on Chinese companies that sell products on Amazon, forcing them to either raise their prices for American consumers or exit the market entirely. After Trump raised tariffs on Chinese imports to 125% up from the current 104%, Wang Xin, the head of the Shenzhen Cross-Border E-Commerce Association, which represents more than 3,000 Amazon sellers, told Reuters that the tariffs weren't just a tax issue; they were overwhelming the entire cost structure. She warned that most sellers would find surviving the US market very difficult. The only options were to raise prices in the country or leave to find new markets. Also read: Trump's dream of a US-made iPhone clashes w ... Read full article.