[J.J Times][Key Content]🚨Amazon, Pressures Suppliers to ‘Reduce Prices’ Due to Trump Tariffs!🔥

@J.JTimes
🛒 “Amazon is pressuring us to lower our prices!”
📉 According to the Financial Times, Amazon is demanding double-digit price cuts from brands and suppliers.

💼 Why?
👉 Because of former President Trump’s high tariffs on China!
Amazon is trying to reduce imports from China, rely on inventory in the US, and reduce costs.

💬 A consultant says,
“Amazon is the 800-pound gorilla in the room. Brands can’t stand it.”

📉 Amazon’s performance is also hit.
Operating profit could drop by up to $10 billion!
Stock price also down 14.8% this year!

👕 Walmart also demands up to 10% cuts from suppliers.
Trump’s tariffs, now the burden is on suppliers instead of ‘consumers’!

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