Amazon Cuts Off China Orders, Leaving Vendors to Absorb Tariff Blow

Amazon (NASDAQ:AMZN) has quietly canceled orders from suppliers in China and Southeast Asia to avoid rising U.S. tariffs, impacting first-party vendors who sell products directly to Amazon. These vendors are left with unsellable goods as Amazon usually acts as the importer of record and pays tariffs upon arrival in the U.S. Around 40% of items on Amazon come from these vendors, highlighting the potential wide-reaching impact of these cancellations.

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