Summary

  • Amazon has denied plans to list the cost of US tariffs as a separate item on its online marketplace, after the proposal drew criticism from the White House and speculation grew over the impact of Biden’s move to end a tax exemption on packages under $800 in value, suggesting this will hit smaller purchases the most.
  • E-commerce websites such as AliExpress, Shein, and Temu have already started to include labels that clarify to buyers when tariffs have been included in product prices.
  • The forthcoming removal of the tax exemption on small purchases would also affect Chinese drone giant DJI, as its products are generally under the $800 threshold.
  • The Trump-era tariffs of up to 145% on goods imported from China remain in place, putting pressure on US retailers who source products from Chinese manufacturers.

By Andrew Cunningham

Original Article