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Amazon cancels some orders from China amid Trump tariff concerns
- Amazon.com Inc. has canceled orders for products made in China and other Asian countries.
- The move is seen as a direct response to sweeping tariffs imposed by US President Donald Trump
- The trade war has already taken a toll on Amazon’s stock. Shares are down about 22% year-to-date.
Amazon.com Inc. has canceled orders for products made in China and other Asian countries, as per a Bloomberg report. The move is seen as a direct response to sweeping tariffs imposed by US President Donald Trump The cancellations, involving goods such as beach chairs, scooters, and air conditioners, signal the e-commerce giant’s efforts to reduce […]
April 9, 2025
