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JohnSJ

(98,883 posts)
Wed Apr 9, 2025, 11:07 AM Apr 2025

Per Bloomberg TV: Amazon cancels some inventory orders from China after tariffs [View all]

https://www.bloomberg.com/news/articles/2025-04-09/amazon-cancels-some-inventory-orders-from-china-after-tariffs

"Amazon.com Inc. has canceled orders for multiple products made in China and other Asian countries, according to a document reviewed by Bloomberg and people familiar with the matter, suggesting the company is reducing its exposure to tariffs imposed by President Donald Trump.

The orders for beach chairs, scooters, air conditioners and other merchandise from multiple Amazon vendors were halted after Trump’s April 2 announcement that he planned to levy tariffs on more than 180 countries and territories, including China, Vietnam and Thailand, the people said. The timing of the cancellations, which had no warning, led the vendors to suspect it was a response to tariffs."


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