Amazon Sellers hiking for prices for goods after tariffs on China Trump

For 10 years Aaron Cordozeus sells kitchen appliances on Amazon. It is now linked because most of its products are manufactured in China.

Cardese, co -founder Zulay Kitchen, said President Donald TrumpBut the soft compared to the levies imposed on the goods from China. He said the process would probably take at least a year, he said.

“We make our inventory until we can,” Kordovez said in an e -mail.

Zula too Temporarily raising the price of some of its milk, frying sticks and other products. The popular kitchen styling of the company now costs $ 12.99, which is compared to $ 9.99 before Trump announced his extensive tariff offer earlier this month.

Amazon Traders are hiking prices for all: from diapers and magnets to the charm of necklaces and other best-selling items as they face higher import costs. The Smartscout E -Commerce Software Company tracked 930 products on Amazon, which since April 9 observed price increase, with an average jump in 29% in categories, including clothing, jewelry, household items, office materials, electronics and toys.

In a statement by CNBC, the Amazon press secretary called the statement “sensationalized” and stated that the study covers “a tiny share of the subjects in our store”. Amazon said that, based on his research, less than 1% of “the studied subjects is an increase in value.”

“We have not seen that the average sales for products are noticeably changing or down by typical fluctuations in hundreds of millions of items on Amazon,” the statement said. “And we continue to meet or win prices compared to other retail traders in the vast majority of items.”

The trade war with China threatened to release sellers in the third market Amazon, which accounts for about 60% of the company’s sales. Many merchants are in China or count on the second largest economy in the world by source and assembly of their products.

Sellers are now faced with a mystery to raise prices or applying additional costs associated with new Trump tariffs. This is an existential threat to many sellers who have pressed the thin margins and have the last few years that have been engaged in Amazon’s cost -related storage, implementation, delivery and advertising, as well as pressure from increased competition.

CEO of Andy Yassi said CNBC Earlier this month, the company “was going to try to do whatever we can” to keep the prices for buyers, including talking to some of its suppliers. But he admitted that some third sellers will need to “transfer this price” tariffs for consumers.

This year, Amazon’s stock price fell by 15%, sliding along with a wider market. The company reports the profit in the first quarter next week.

Products imported from China are now facing import duties 145%though Trump – said on Wednesday His administration “actively” talks to China about a potential transaction to reduce tariffs. Chinese officials Thursday denied Trade negotiations are held.

About 25% of the increase in the prices observed by Smartscout were initiated by sellers based in China, said Scott Nandham, CEO of the company. Last week, the Ursteel stainless steel jewelry manufacturer went to $ 6.50 prices, while Brand Chouyatou’s clothing raised the price of some of its dresses by $ 2. Both companies are in the Chinese province of Zhejiang.

Anker, Chinese Electronics brand and one of Amazon’s largest sellers, raised prices for one fifth of its products sold in the US, including A Portable Power BankHas passed to $ 135 from $ 110, Smartscout shows.

Representatives Anker, Ursteel and Chouyatou did not respond to comment requests.

Zulay, with the Florida headquarters, is one of the many sellers in the US that raises prices. The company also reduces costs. Cordous said he had to postpone 19% of his workforce and reduce the cost of 85% online.

Desert Cactus, based in Illinois, also takes action. Joe Stephanie, the president of the company, sought to move the production of some goods, with the Chinese college of his brand, from China and Mexico, India and Vietnam. About half of the desert cactus goods come from China, the rest are made in the US, Stephanie said.

One of the main products of the company is the customizable frame of the rooms produced in China. At the beginning of Trump’s first term in 2016, Stephanie paid the import and delivery of 4% per room. According to him, this speed increased to 170%, he said.

“The tariffs cannot remain so high,” Stephanie said. “There are so many people that just don’t intend to do it.”

Stephanie said he expects desert cacti to eventually raise prices for some products, although he is experiencing buyers who can be shocked.

“Will someone be willing to pay $ 50 per hat on Amazon?” said Stephanie. “You know that the park will be expensive, but we don’t know on Amazon.”

Dave Lady, Co -founder on Health and Beauty Pure Daily Care, said the price for the manufacture of one of its skin care products in China jumped up to $ 25 out of $ 10. Most Amazon’s sellers will have nothing left to raise prices, he said.

“If you were selling something for $ 40 and made a profit of $ 7 or $ 8 at the end of the day, with these tariffs, these days have passed,” the lady said. “You can’t do it anymore. This is impossible.”

He said pure daily care plans to increase prices for a few weeks, and only on the products “we absolutely need” to avoid the Amazon algorithms ranked below in search results or lost a valuable box for the purchase, he said. In the “Buy” field determines which list first when the buyer presses a particular product, and the one that is purchased when pressed “Add to the basket”.

Amazon’s press secretary said the company’s pricing policy is continuing to apply.

“As always, the sellers set their own prices, and we regularly monitor as we emphasize high prices as offered offers to provide customers low prices for a wide selection,” the press -secretary said.

The lady said that his company had enough inventory to serve some products up to six months, seeking to “stretch as long as possible” in the hope that China and the US could reach a trade transaction. The company also refuses some sales and discounts, and stops on a specific display and video.

As for his inventory, the lady said: “We can try to stretch these seven, eight, nine months that buy us much more time to make this thing.”