Amazon has reached out to its third-party sellers to better understand how the recent U.S. tariffs—particularly those targeting Chinese imports—are affecting their operations.
Over 60% of Amazon’s sales come from third-party sellers, many of whom source products from China.
The move signals Amazon’s concern over potential supply disruptions and pricing shifts ahead of peak retail seasons.
Amazon shares are currently trading down $1.98 or -1.05% at $180.20. Looking at the hourly chart, the price remains between its 50 hour moving average at $178.90 and its 100 hour moving average above at $185.31. The high price from Monday’s trade tested the 100 hour moving average only to find willing sellers against that level (see blueline on the chart below)..
Meanwhile, the major indices are given up their gains. The Dow industrial average is now up only 0.03%, the S&P index is up 0.08% and the NASDAQ index is up 0.03% – all virtually unchanged on the day. At session highs, the Dow was up 266 points, the S&P was up 44.44 points, and the NASDAQ index was up 148.48 points.
