Some Amazon sellers are pulling out of Prime Day amid Trump tariffs

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Amazon‘s Prime Day is losing its luster among a critical group: sellers. Some third-party merchants who previously sold China-made goods during Amazon’s premier July shopping event are sitting it out this year or reducing the amount of discounted merchandise they offer.

The planned pullback, which hasn’t been previously reported, is a way for sellers to protect profit margins amid the US-China trade war triggered by steep tariffs placed by US President Donald Trump on Chinese goods, according to four merchants and six consultants collectively…



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Some Amazon sellers are pulling out of Prime Day amid Trump tariffs


Amazon‘s Prime Day is losing its luster among a critical group: sellers. Some third-party merchants who previously sold China-made goods during Amazon’s premier July shopping event are sitting it out this year or reducing the amount of discounted merchandise they offer.

The planned pullback, which hasn’t been previously reported, is a way for sellers to protect profit margins amid the US-China trade war triggered by steep tariffs placed by US President Donald Trump on Chinese goods, according to four merchants and six consultants collectively…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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