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Amazon Sellers Skip Offering Prime Day Discounts as Trump Tariffs Slam Costs: Report

Summary by World News
Amazon sellers are offering fewer discounts during this week’s annual Prime Day sales event, saying their margins are too tight as they battle high costs from President Trump’s tariffs, according to a report. The online sellers pulling back on deals account for approximately 60% of the products sold on Amazon, according to a Bloomberg, as the four-day sales bonanza kicked off Tuesday. Dan Peskorske, whose Upstream Brands sells aluminum trays tha…

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PYMNTS.com broke the news in on Tuesday, July 8, 2025.
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