“Please allow these increases of 13-14% to go through so we can start selling [to] Amazon again,” he wrote.Amazon stuck to its 3 percent offer, calling it a fair share of the burden.
“The Walmarts of the world don’t just roll over.”Jasco, a third-generation family-run business that designs products in the United States and manufactures in China, has had to cut in half monthly bonus payments to its 400 employees and donate less to charity, Trice said. “I felt horrible turning down $18,000 in orders this week.”With the Internet driving ruthless price competition among Amazon, Walmart, Home Depot and others, large retailers are loath to pay more or to raise their own prices. Thousands of boxes from China and Taiwan were stacked in neat rows, waiting to be loaded onto UPS trucks and sent off to retailers.Maxsa sells to a variety of distributors and auto-related websites, but over the years Amazon has become its most important customer.
That leaves importers of Chinese goods caught between the trade war and Americans’ quest for the best possible deal.“Retailers are all about everyday low prices. Before coming to Forbes, I graduated from NYU's Business and Economic Reporting program and worked as an associate producer at MSNBC. Until last week, Jasco was facing 10 percent tariffs on goods representing 80 percent of its sales. “I said, ‘We’re not going to meet payroll if we keep going like this,’ ” said founder and chief executive Clifton Broumand.Scosche Industries, an Oxnard, Calif., electronics maker, says tariffs cost the company about half of its profits last year.
Profit-sharing payments to employees have fallen to close to zero, and the company is desperately attempting to shift production from China to Vietnam, chief executive Roger Alves said.After two months of negotiation, Amazon agreed to pay Maxsa 5.5 percent more for three versions of Park Right — a device that attaches to a garage ceiling and beams a laser to a fixed spot below, helping people park in tight spaces.“Companies of all sizes throughout the supply chain are adjusting to increased costs resulting from new tariffs,” Amazon said in an emailed statement. Amazon is the third superpower heightening the drama of the U.S.-China trade war Skip West, founder of Maxsa Innovations, this week at his warehouse in Lorton, Va., with a … Maxsa has a more traditional arrangement, with Amazon buying goods from it and reselling them.Amazon sells about 100 Maxsa products, about half of which Maxsa makes in China. “My vendor is really in a tough spot with these items,” the firm wrote on Jan. 24. “We literally stopped selling to them to show them how serious we were, and it didn’t seem to matter that much,” he said. Kindle Books Kindle Unlimited Prime Reading Kindle Book Deals Bestsellers Free Kindle Reading Apps Buy A Kindle Australian Authors Audible Audiobooks