How Costs for Online Sales After Trump’s Trade Move
Published On Feb 3, 2025, 11:10 AM
President Trump has imposed new tariffs on imports from Canada, Mexico, and China, which includes a significant change affecting online purchases. This change limits the previously utilized de minimis exception, allowing for certain low-value packages to enter the U.S. without tariffs. Affected companies like Shein, Temu, and Amazon, which rely on this exception to provide cheap goods, may face higher costs. Critics also note that this change could help combat the influx of illicit drugs entering the U.S.
Stock Forecasts
AMZN
Negative
Retailers like Amazon that rely on low-cost imports from China may see a decrease in sales as consumers look for cheaper alternatives due to increased prices. This may lead to a negative impact on their stock price.
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