Following the implementation of tariffs in the global market by United States (US) President Donald Trump, various adverse effects are faced by the world's giant companies.
The implementation of Trump's tariffs has made large companies need to wisely choose proactive measures to deal with this problem rather than continuing to procrastinate.
This situation is no exception for Amazon, which has canceled product orders for several countries due to trade tariffs.
Amazon has stopped shipping vendor goods to 180 countries including China, Vietnam and Thailand since the tariff announcement on April 2.
This is because Amazon is proposed to reduce exposure to the risk of Trump's trade tariffs, to put the tariff exposure back on vendors.
At the same time, a user shared that he had received an email from Amazon that his Chinese goods sent to the company had to be canceled.
This situation made him have to pay factory costs and find a new exporter.
According to former Amazon Vendor Manager Scott Melar, the company canceled orders without issuing any warning to users.
He added that affected consumers are advised to sell inventory to other countries, at lower margins, and work with other retailers.
Overall, Trump's tariffs have sparked concerns for the global community, including Amazon, whose shares have fallen about 21% this year.
