Chinese companies selling products on Amazon are gearing up to raise prices in the U.S. market or exit altogether in response to the significant impact of President Donald Trump’s tariff increases, as stated by the head of China’s largest e-commerce association. Trump announced plans to elevate tariffs on Chinese imports to 125% from the existing 104% level, heightening tensions between the world’s top two economies.
Wang Xin, representing over 3,000 Amazon sellers through the Shenzhen Cross-Border E-Commerce Association, emphasized that the issue extends beyond just taxes, with the entire cost structure becoming overwhelming. She expressed concerns that surviving in the U.S. market will become exceedingly challenging. Some sellers are considering raising prices in the U.S., while others are exploring alternative markets, according to Wang.
The tariffs are expected to have a severe impact on China’s small businesses and manufacturers, potentially leading to a rapid increase in the country’s unemployment rate.
