The order was canceled after decisions announced by the US President in the introduction of import duties of more than 180 countries and territories, including China, Vietnam and Thailand.
Canceled by Amazon.com Inc. The order for many goods made in China and other Asian countries. Bloomberg reported this with a reference to knowledgeable resources.
According to them, orders for sun loungers, scooters, air conditioners and other products from some Amazon suppliers have been canceled, after April 2, that US president Donald Trump announced in introducing import duties from more than 180 countries and territories, including China, Vietnam and Thailand.
It is reported that the term of cancellation of orders suggests that Amazon actions are connected precisely to the introduction of new functions.
The report for the previous year published by the company in February noted that trade disputes are a risk factor for the company.
“Chinese suppliers provide a significant portion of the components and finished goods we received,” said the Amazon report.
Remember, on April 2, Trump announced the beginning of a trade war at the same time in all states of the world, introducing duties from 10% to 50% for imports in the United States, depending on the country of origin. On April 8, the United States increased its import duty for Chinese goods to a level of 104%.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.