Amazon cuts China orders as US tariffs jump to 125%, sellers feel strain
By
Binu Mathew
Amazon has cancelled inventory orders for several products manufactured in China, Vietnam, and Thailand, amid the intensifying US-China trade war, Bloomberg reported. This move comes after US President Donald Trump announced sweeping tariffs on imports from over 180 countries, with duties on Chinese goods soaring to an unprecedented 125 per cent from the earlier stated 104 per cent.