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US prices for China-made goods on Amazon rise faster than inflation, analysis shows, as tariffs bite
- DataWeave analysis of 1,400 products shows U.S. prices for Chinese-made goods on Amazon rose 2.6% from January to mid-June, outpacing inflation.
- Following the May price uptick, DataWeave analysis shows tariffs—including 10%, 50%, and 25% rates—are filtering through to consumer prices on Amazon.
- DataWeave's analysis of 1,407 products shows median price increases of 3.5% in home and furniture and 3.1% in electronics, with 475 items rising, 633 stable, and 299 falling.
- U.S. retailers remain cautious amid weak consumer sentiment, with May trade sales falling 0.9% and consumer spending declining unexpectedly, highlighting economic pressure from tariff-driven price increases.
- Additional steel tariffs took effect on June 23, potentially increasing price pressure, while Amazon's CEO Jassy emphasized the company's focus on keeping prices low amid ongoing tariff impacts.
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US prices for China-made goods on Amazon rise faster than inflation, analysis shows, as tariffs bite
The analysis shows that price increases for those goods accelerated beginning in May, a signal U.S. President Donald Trump's tariffs are starting to filter through to consumers.
·United Kingdom
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Prices for China-Made Goods on Amazon Rise as Tariffs Bite
·Washington, United States
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Tariffs Trigger Surge in Prices for China-Made Goods on Amazon
Data analysis reveals that prices for goods manufactured in China and sold on Amazon have risen sharply, outpacing U.S. inflation rates, due to tariffs imposed by the U.S. government. The price increase began accelerating in May, affecting categories like electronics and home goods, with significant implications for retailers and consumers.
·India
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Total News Sources9
Leaning Left1Leaning Right1Center7Last UpdatedBias Distribution78% Center
Bias Distribution
- 78% of the sources are Center
78% Center
11%
C 78%
11%
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