Jassy said that Amazon “does our best to try to keep prices as they have been for customers, as low as possible”. Amazon has already “made strategic term stocks to get as many items as sense for customers at lower prices”, and can renegotiate certain offers, he said.
Seller: “You cannot count on the American market”
Reuters spoke with five Chinese sellers, writing that “three said they would seek to increase the prices of their exports to the United States, while two planned to leave the market entirely”.
Dave Fong sells “school bags with Bluetooth speakers” and has already increased prices in the United States up to 30%, the article said. “For us and anyone else, you cannot count on the American market, it’s quite clear,” Fong told Reuters. “We have to reduce investments and put more resources in regions like Europe, Canada, Mexico and the rest of the world.”
The products already shipped to Amazon’s realization centers in the United States temporarily soften the blow, but the seller based in Shenzhen, Brian Miller, has planned that he and other sellers should increase prices greatly when current stocks are exhausted in one or two months “.
“The construction blocks for children who sell on Amazon for $ 20 that cost your business $ 3 to produce would now cost $ 7, including the price. Maintaining margins would require a price increase of at least 20%, and toy prices at higher cost could see increases of 50%, he said,” said Reuters. Miller said that if the prices are not changed, “the manufacturing that serves the United States will have to be transferred to other countries such as Vietnam or Mexico”.
Bloomberg reported yesterday that Amazon “had canceled orders from several products made in China and other Asian countries”.
