Posted on 04/09/2025 7:49:10 PM PDT by hardspunned
SHENZHEN, China (Reuters) - Chinese companies that sell products on Amazon are preparing to hike prices for the U.S. or quit that market due to the "unprecedented blow" from President Donald Trump's tariff hikes, the head of China's largest e-commerce association said.
Trump said on Wednesday he would raise tariffs on Chinese imports to 125% from the 104% level already in effect, escalating the high-stakes confrontation between the two world's largest economies.
"This isn't just a tax issue, it's that the entire cost structure gets entirely overwhelmed," said Wang Xin, the head of the Shenzhen Cross-Border E-Commerce Association, which represents more than 3,000 Amazon sellers.
(Excerpt) Read more at finance.yahoo.com ...
How WILL we survive?
Oh noes!
Boo
Hoo
Elect a different government.....
Wood doesn’t just grow on trees.
Chris Matthews
What’s the downside ?
ROFL
“We get so much of our lumber, our two-by-fours, from Canada…What are we going to do? Have more lumber made in the United States now?”
What a moron!
I wonder what Powers Booth would have to say about this.
What’s interesting is they may be unable to afford an invasion of Taiwan.
When will Trump get around to changing the mailing costs for China? I think it costs less to send something from China to the US than it does domestically.
That mailing advantage was removed from them today. China will pay more or ship by sea.
If fermented black beans cost more because of the tariffs, I’ll pay the higher price without a murmur. Spending more here and saving more there will, eventually, even out. I trust Trump. And I’ll be grateful that Chinese spices stay available regardless of their prices.
To the limited extent that that is true, it’s because manufacturing has moved to China.
amazon has become a junk pile of chinese crap, much of which is counterfeits of legitimate goods ... it’s like walking through a field of landmines to find quality goods worth buying on amazon these days ...
food products in particular are problematic, particularly bulk powders and supplements in general with a gazillion brand names one has never heard of and which do not list the country of origin ... lately, i’ve been having fun asking amazon’s rufus where stuff was sourced from, and it almost always has to admit it doesn’t know, which of course means it came from china ...
[btw, lots of US companies that sell stuff on amazon fudge their labels with stuff like, “packaged in the U.S.”, “assembled in the U.S.”, and even “Made in the U.S., none of which mean the ingredients or parts were SOURCED in the U.S.] ...
i refuse to buy any food or supplement online unless i know the country of origin or it was made by a legitimate company in the USA like Jarrow that performs HPLC testing of its raw ingredients to make sure the ingredient is what they’ve been told it was and that it’s not contaminated with anything not on the ingredient label ...
I recently gave up on trying to buy safe whey protein isolate on amazon there was so much fudging on the labels: nonsense like “from happy grass-fed cows”, or “from Jersey cows”, none of which says WHERE these cows were fed, raised, milked or anything else ... anytime a product refuses to list the country of origin, you know the makers are NOT proud of where the stuff came from and know that lots of people won’t buy it if came from china ...
i’m starting to buy stuff from manufacturer’s online retail outlets whenever possible now, esp. food and supplements ... it’s more expensive as is shipping, but at least i know that what i’m buying is unlikely to be poison ...
amazon has become a junk pile of chinese crap, much of which is counterfeits of legitimate goods ... it’s like walking through a field of landmines to find quality goods worth buying on amazon these days ...
food products in particular are problematic, particularly bulk powders and supplements in general with a gazillion brand names one has never heard of and which do not list the country of origin ... lately, i’ve been having fun asking amazon’s rufus where stuff was sourced from, and it almost always has to admit it doesn’t know, which of course means it came from china ...
[btw, lots of US companies that sell stuff on amazon fudge their labels with stuff like, “packaged in the U.S.”, “assembled in the U.S.”, and even “Made in the U.S., none of which mean the ingredients or parts were SOURCED in the U.S.] ...
i refuse to buy any food or supplement online unless i know the country of origin or it was made by a legitimate company in the USA like Jarrow that performs HPLC testing of its raw ingredients to make sure the ingredient is what they’ve been told it was and that it’s not contaminated with anything not on the ingredient label ...
I recently gave up on trying to buy safe whey protein isolate on amazon there was so much fudging on the labels: nonsense like “from happy grass-fed cows”, or “from Jersey cows”, none of which says WHERE these cows were fed, raised, milked or anything else ... anytime a product refuses to list the country of origin, you know the makers are NOT proud of where the stuff came from and know that lots of people won’t buy it if came from china ...
i’m starting to buy stuff from manufacturer’s online retail outlets whenever possible now, esp. food and supplements ... it’s more expensive as is shipping, but at least i know that what i’m buying is unlikely to be poison ...
Don’t let the doorknob hit you in the ass on your way out!
today, president trump at least closed the tariff loophole that allowed the hundreds of thousands of packages from china with goods under $800.00 to avoid being tariffed ... the tariffs will have to be paid, and i bet lots of those packages will be opened and inspected and found to have fraudulent declarations, in which case they’ll be confiscated ... if that happens enough times, the whole china direct-mail-order setup will collapse ...
Well Bye.
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