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Some Amazon sellers are pulling out of Prime Day amid Trump tariffs
- Some Amazon sellers are pulling back from Prime Day due to tariffs imposed by U.S. President Donald Trump on Chinese goods, which they say harm profit margins and complicate inventory management.
- Steve Green, a seller on Amazon, stated that he is skipping Prime Day for the first time since 2020 to protect his inventory from tariffs on Chinese products.
- CEO Kim Vaccarella of Bogg Bag decided to opt-out of Prime Day to retain U.S. inventory and move production out of China due to tariff impacts.
- Analysts like Arun Sundaram noted that the tariffs complicate Amazon's Prime Day planning, suggesting that discounting may not be viable for many sellers.
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Struggling to Stay Afloat: How Trump's Tariffs are Impacting Amazon Sellers
It’s been less than a month since President Donald Trump’s imposed tariffs took effect, and business owners are already strategizing how to stay afloat. The 10 percent baseline tariff hit everyone, on top of the 25 percent tariff on Mexico and Canada. (The European Union faces an additional 20 percent tariff if approved.) Trump also stamped a 25 percent tariff on all steel and aluminum imports. However, companies that source a majority of their …
Coverage Details
Total News Sources31
Leaning Left3Leaning Right2Center14Last UpdatedBias Distribution74% Center
Bias Distribution
- 74% of the sources are Center
74% Center
L 16%
C 74%
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