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Image Credit: Bloomberg Quint

Amazon Cancels Some Inventory Orders From China After Tariffs

  • Amazon.com Inc. has canceled orders for multiple products made in China and other Asian countries, 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.
  • It’s unclear how widespread the cancellations are and how many types of merchandise they affect.
  • Canceling those orders puts the tariff exposure back on vendors if they import merchandise to the US by other means.

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