President Donald Trump officially implemented new tariffs on China-made goods as of Tuesday. Here's a look at how recent trade policy developments could affect e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN).
What To Know: Trump issued an executive order placing a new 10% tariff in addition to the 10% or 25% tariffs he levied on Chinese imports during his first term.
Another key factor in Trump’s executive order is the elimination of the de minimis exemption, which previously allowed packages valued under $800 to enter the U.S. without incurring tariffs.
The new regulations could hit Chinese e-commerce retailers like Shein and PDD Holdings, Inc.'s (NASDAQ:PDD) Temu while potentially benefiting Amazon.
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