Direct imports from China cancelled and more: How Amazon is taking tips from rivals Costco and Walmart to tackle Trump Tariffs
Amidst rising US tariffs, Amazon is reportedly pressing suppliers for significant price cuts, particularly those sourcing from China. The e-commerce giant is also cancelling direct imports and favoring US-based stock, mirroring strategies from Trump’s first term. Analysts estimate these tariffs could slash Amazon’s operating profits by billions, prompting similar actions from competitors like Costco and Walmart.
