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tariffsArs Technica
•Technology
Technology
77% Informative
Chinese companies that sell to US customers on Amazon are reportedly preparing to raise prices or quit the US market.
President Trump increased tariffs on China imports to 125 percent yesterday .
Amazon CEO Andy Jassy has confirmed that he expects the cost of tariffs to be passed on to US buyers.
Chinese sellers have been courted by Amazon for years and are a source of cheap products for US customers.
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