Amazon Cancels Some Inventory Orders From China After Tariffs
Source: Bloomberg
April 9, 2025 at 10:28 AM EDT
Amazon.com Inc. has canceled orders for multiple products made in China and other Asian countries, according to a document reviewed by Bloomberg and people familiar with the matter, suggesting the company is reducing its exposure to tariffs imposed by President Donald Trump.
The orders for beach chairs, scooters, air conditioners and other merchandise from multiple Amazon vendors were halted after Trump’s April 2 announcement that he planned to levy tariffs on more than 180 countries and territories, including China, Vietnam and Thailand, the people said. The timing of the cancellations, which had no warning, led the vendors to suspect it was a response to tariffs.
An Amazon spokesperson declined to comment. The company identified international trade disputes as a risk factor in its annual report released in February. “China-based suppliers provide significant portions of our components and finished goods,” the company said.
It’s unclear how widespread the cancellations are and how many types of merchandise they affect. One vendor who has been selling beach chairs made in China to Amazon for more than a decade received an email from the company last week that said it was canceling some purchase orders it placed “in error“ and instructed the vendor not to ship them. The email, which was reviewed by Bloomberg, didn’t mention tariffs.
Read more: https://www.bloomberg.com/news/articles/2025-04-09/amazon-cancels-some-inventory-orders-from-china-after-tariffs
No paywall (gift)
( "beach chairs" )
American oligarchs "offshored" all this stuff WE used to make so they could extract a "maximum profit" and skirt labor/safety rules.
= new reply since forum marked as read
