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In the Amazon, it may be necessary to raise prices in order to compensate for the latest rates to go: School

FILE PHOTO: The logo of Amazon is seen in the new warehouse during the official opening announcement, and on the outskirts of Mexico City, Mexico-July 30, 2019. REUTERS/Carlos Jasso

(Ap) – Amazon.com Inc. is required in order to raise prices in the United States, with approximately 2.1%-2.6%, on average, to compensate for the effects of the fresh rates are made by Trump administration, on a range of Chinese goods, and Bank of America Merrill Lynch analysts said.

The United States started to impose a 15% tariff on a variety of Chinese goods on Sunday, including shoes, smart watches, and flat-panel tvs, and the stepping up of the trade tension between the two countries.

Amazon would have to raise prices by 2.1%, on average, in their first-party marketplace, it’s to compensate for the impact, whereas a third-party marketplace, it’s average prices would have to go up by 2.6%, the School said in a note dated Sept. 3.

As a real estate broker, estimates the online furniture retailer Wayfair Inc. will also be required to hike in the average sales prices of 4.6%.

The school continues to rate in the Amazon, and Wayfair ‘neutral’.

Reporting Shradha Singh in Bengaluru; Editing by Saumyadeb Chakrabarty

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