Wang Xin, head of the cross-border e-commerce association Shenzhen, which represents over 3,000 Amazon sellers, said Reuters on Thursday that Chinese companies that sell products on Amazon, consider the prices of wandering for the United States (USA) or are looking for up-to-date markets because of the great blow on the part of the US President Donald Trump.
Key quotes
- Tariffs are very complex for survival on the American market.
- Some sellers are still sending goods to the USA, others are trying to find up-to-date markets.
- American tariffs will lead to the “fall” of more miniature and medium -sized companies, quickly accelerate the unemployment rate in China.
- American tariffs are really a “unprecedented blow.”
Market reaction
Chinese proxy, Australian dollar (AUD), rejects these headlines when the Aud/USD pair develops by 0.24% on 0.6170 at the press.
Frequently inflicted by American-chin
In general, the trade war is an economic conflict between two or more countries due to extreme protectionism at one end. This means creating trade barriers such as tariffs that cause a counterattack, escalating import costs, and thus maintenance costs.
The economic conflict between the United States (USA) and China began at the beginning of 2018, when President Donald Trump established trade barriers for China, claiming that unfair commercial practices and theft of intellectual property from the Asian giant. China took retaliation, imposing tariffs on many American goods, such as cars and soy. The tensions escalated until both countries signed trade agreements in the American-Chinese phase in January 2020. The agreement required structural reforms and other changes in the Chinese economic and commercial system and pretended to restore stability and trust between two nations. However, Coronevirus’s pandemic focused on the conflict. It is worth mentioning, however, that President Joe Biden, who took office after Trump, kept the tariffs and even added additional fees.
The return of Donald Trump to the White House as 47. The US president caused a fresh wave of tension between two countries. During the election campaign in 2024, Trump undertook to impose a 60% tariff on China after returning to the office, which he did on January 20, 2025. With the return of Trump, the trade war in the USA-China is aimed at resuming where it remained, with the principles of Tatat, influencing the global economic landscape among the global resources, which will reduce, which will reduce, which will reduce, which will reduce, which will reduce, which will reduce, which Especially investments, as well as directly nutrition in indexing consumers.
