Chinese companies that sell products on Amazon are preparing to hike prices for the U.S. or quit that market due to President Donald Trump's tariff hikes.

Chinese companies selling goods on Amazon are preparing to raise prices for the US market or quit the market due to unprecedented tariff hikes announced by President Donald Trump, Reuters reports. Trump stated he would raise tariffs on Chinese imports to 125%,

In a significant escalation of trade tensions, China introduced an 84 per cent tariff on American goods, taking effect on April 10, 2025. This move comes as a retaliation against the United States, following former President Donald Trump’s decision to increase tariffs on Chinese imports to 104%.