Tariffs soared by 40 times, and a large number of sellers may go bankrupt
Sunny Worldwide LogisticsIt is a logistics company with more than 20 years of transportation experience, focusing on markets such as Europe, America, Canada, Australia, Southeast Asia, etc., and is more than the owner of the cargo owner.
On April 10, local time, the White House made a clarification.Trump's total tariffs on China are 145%, rather than the 125% mentioned earlier.In addition, in an amended executive order issued Thursday,Trump announced further raising tariffs on small Chinese goods worth 0 or less.According to the latest executive order of the White House:
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The 90% tax rate was raised to 120% again;
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From May 2 to June 1, the tariffs on each small parcel were increased from to 0;
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After June 1, the tariffs on each small package were raised from 0 to 0.
American sellers are hit by tariffs or go bankrupt
Recently, the US government announced the imposition of so-called "reciprocal tariffs", causing global market turmoil and widespread concerns among the international community, and the lives of ordinary Americans were also affected.Fortune magazine reported that American sellers on the Amazon platform of American e-commerce may go bankrupt due to tariffs.
The report takes a small Idaho company with annual sales of million as an example. This company sells products such as sensory swings for children with special needs through the Amazon platform, and provides online tutorials. However, due to the Trump administration's "reciprocal tariffs" policy,The company will face a devastating blow in months due to high tariffs.
Casey Ames, the operator of the company, did some calculations: There is a batch of goods that are ready to be shipped from China, and if the situation in 2024 is based on the situation, he will be required to pay a tariff of US,707. But if the goods arrive at US ports in mid-June this year, the tariffs to be paid are expected to soar to 0,000.
"It's ridiculous," Ames did not hide his dissatisfaction with the high tariffs. "It can't continue." He said that the company will be forced to shut down its physical product business and only do online courses.
Trump's tariff policy has pushed his business into a desperate situation. Ames said he tried to find suppliers in the United States a few years ago, but found that the offer was even higher than the retail price of his company's products. Ames wanted to try his luck again and was looking for a source of goods in the United States, but he said he had little hope.
Ames currently has 10 employees. If physical product business is shut down, half of the employees will be fired. "I'm going to look them in the eyes and tell them I've tried my best. I think they'll understand."
The report said that Ames' dilemma is by no means an isolated case. Thousands of American small and medium-sized enterprises rely on the "Made in China Amazon Sales" business model to survive. Amazon's 2023 data shows that such companies have created nearly 2 million domestic jobs in the United States. If the tariffs remain at the current level, a large number of U.S. companies will go bankrupt.
If the US imposes tariffs in the future, China will ignore it
US President Trump once again threatened on the 10th local time that if the relevant countries cannot reach an agreement with the United States within 90 days of the US suspending tariffs, they will resume their previous tariff policies.
On April 11, the State Council Tariff Commission issued an announcement to adjust the imposition of tariff measures on imported goods originating from the United States.Starting from April 12, 2025, the tariff rate on the United States will be increased from 84% to 125%.Given that under the current tariff level, there is no possibility of market acceptance of goods imported from the United States from the United States, if the United States continues to impose tariffs on goods imported from the United States, China will ignore it.
April 11,The Ministry of Foreign Affairs responded that "US tariffs on China reached 145%"! China never takes this trick!Foreign Ministry spokesman Lin Jian presided over a regular press conference. A reporter asked a question about "The US said tariffs on China reached 145%. Lin Jian said that China has repeatedly stated its solemn position on the issue of tariffs. There is no winner in the tariff war and trade war. China is unwilling to fight, but it is not afraid of fighting. If the US really wants to resolve the problem through dialogue and negotiation, it should stop exerting extreme pressure and act recklessly. China never takes this trick. Any dialogue must be based on equality, respect and reciprocity. If the US insists on fighting a tariff war and a trade war, China will definitely accompany it to the end.
