Amazon Holds Talks With Suppliers on Pricing Following Tariff Changes
Tech giant Amazon said on Tuesday it held discussions with some vendors about adjusting costs to reflect the reduction in tariff rates for Chinese imports.
The Financial Times reported earlier in the day that the company was seeking to cut what it pays suppliers for goods sold on its e-commerce platform, as it moves to reverse concessions intended to soften the impact of U.S. President Donald Trump's tariffs.
"We're continually working with our broad, varied range of valued selling partners in our store to support them in adapting to the evolving environment while maintaining broad selection and low prices for customers," a company spokesperson told Reuters...
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