Amazon cancels some inventory orders from China after tariffs

Quick Summary:

Amazon may be reducing its exposure to tariffs imposed by President Donald Trump.

Many businesses are raising prices, stoking fears of a recession.On Tuesday, Robert W.Baird & Co.Inc.reduced its 2025 revenue forecast for Amazon, citing the effects of tariffs in a research note.

Amazon has been importing items this way for years as a way to reduce costs since Amazon can often use bulk shipping rates to import items at lower costs than vendors.

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Article Details

Author / Journalist: Spencer Soper, Bloomberg

Category: EconomyBusiness

Markets: United StatesChina

Topics: Donald Trump Jeff Bezos Andy Jassy Tariffs and trade Economy Amazon

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 15:59:32 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 580 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 145 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27758993

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 26 posts per day

Year Established: 1929

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News Last Updated: 10 hours ago

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