Amazon.com Inc will need to raise prices in the United States by about 2.1%-2.6%...
FILE PHOTO: The logo of Amazon is seen at their new warehouse during its opening announcement on the outskirts of Mexico City, Mexico July 30, 2019. REUTERS/Carlos Jasso
- Amazon.com Inc will need to raise prices in the United States by about 2.1%-2.6% on average to offset the impact of fresh tariffs slapped by the Trump administration on various Chinese goods, Bank of America Merrill Lynch analysts estimated. The United States began imposing 15% tariff on a variety of Chinese goods on Sunday - including footwear, smart watches and flat-panel televisions, intensifying the trade tension between the two countries.
Amazon would need to increase prices by 2.1% on average in its first party marketplace to offset the impact, while for third party marketplace average prices would have to go up by 2.6%, BofA said in a note dated Sept. 3. The brokerage estimates online furniture retailer Wayfair Inc will also need to hike average prices by 4.6%.Reporting by Shradha Singh in Bengaluru; Editing by Saumyadeb Chakrabarty
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
‘Wheel of Time’ Amazon Series Casts Daniel HenneyDaniel Henney has been cast in the upcoming Amazon series based on “The Wheel of Time.” Henney will play the role of al’Lan Mandragoran. He joins previously announced cast members Rosam…
Baca lebih lajut »
‘Lord of The Rings’ Series at Amazon Casts Will Poulter (EXCLUSIVE)Amazon’s upcoming “Lord of the Rings” series has found one of its leads. Will Poulter has been cast in one of the show’s lead roles, Variety has learned exclusively from sou…
Baca lebih lajut »
Amazon Wants to Scan Your Hands for Quicker Checkout at Whole FoodsPlus, Krispy Kreme gets in on PSL season, and more news to start your day
Baca lebih lajut »
Amazon fined 4 million euros in France over competition issues - reportOnline retail giant Amazon was fined 4 million euros ($4.5 million) by the Paris...
Baca lebih lajut »
Allbirds' latest sneaker collab gives back to the Amazon forestIn light of the recent fires that have devastated part of the Amazon forest, two companies are teaming up to help.
Baca lebih lajut »
What’s Coming to Amazon Prime in September 2019If you're looking for movies to watch in September, Amazon Prime will let you have a Max Rockatansky marathon. 'Mad Max' movies 'The Road Warrior' and 'Beyond Thunderdome' are among the titles hitting the service next month. If you're looking for something new, on
Baca lebih lajut »