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Amazon’s Chinese sellers to raise prices or quit US market as tariffs hit 145%

“It’ll be very hard for anyone to survive in the US market,” Chinese group says.

Chinese companies that sell to US customers on Amazon are reportedly preparing to raise prices or quit the US market because of tariffs imposed by President Trump. Amazon has already "done some strategic forward inventory buys to get as many items as make sense for customers at lower prices," and may renegotiate some deals, he said. Reuters spoke to five Chinese sellers, writing that "three said they would look to raise prices for their exports to the US, while two planned to leave the market entirely."

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