[Post 1193] How Trump’s China Tariffs Could Shutter Amazon Sellers In The U.S.

Summary

Amazon sellers are reeling amid Trump's 125% tariffs on Chinese goods, telling CNBC they will need to raise prices and could go out of business. Up to 70% of goods on Amazon are imported from China. Seven of the eight U.S.-based Amazon sellers CNBC talked to said that manufacturing in the U.S. isn't financially possible, despite tariffs. One positive: Trump did close a loophole that was helping direct-from-China sellers on Temu and Shein undercut U.S. seller prices. The "de minimis" exemption that allowed goods under $800 to avoid all taxes and duties will end on May 2.

Update: On April 10, 2025, the White House clarified to CNBC that tariffs on imports from China now effectively total 145%.