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3w ago

Anker Raises Prices on Over 120 Amazon Products as U.S.-China Tariffs Escalate

The Chinese electronics giant has increased prices by an average of 18% and is now exploring markets outside the U.S. amid intensifying trade tensions.

People visit Anker booth during the opening day of the international consumer technology fair IFA in Berlin, Germany September 1, 2023. REUTERS/Lisi Niesner/File Photo
They aren't the first to raise prices, and probably won't be the last.
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Overview

  • Anker has raised prices on 127 of its products on Amazon, with an average increase of 18%, following new U.S. tariffs on Chinese goods.
  • The U.S. imposed an additional 50% import duty on April 7, 2025, bringing total tariffs on Chinese imports to 145%.
  • China has retaliated by raising tariffs on U.S. goods to 125%, further escalating the trade conflict between the two nations.
  • Anker, a major seller on Amazon, attributes its price hikes to the increased tariff burden and competitive pressures faced by Chinese manufacturers.
  • The company is considering expanding its market focus to Europe and Southeast Asia as it adapts to the shifting trade landscape.