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China tariffs pushed price up and I want to cancel

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  • China tariffs pushed price up and I want to cancel

    Can I cancel an order that I made to buy items from China now that tariffs have pushed the price up 25%

    I can't make any money at that price.
    I placed the order 60 days ago and paid half, so now what can I do?

    is that reason to cancel the order?
    I have a one page contract and it says nothing about this situation.

  • #2
    Re: China tariffs pushed price up and I want to cancel

    I wish to inform you that it is the terms and conditions of your purchase order that will have jurisdiction in this matter. Currency and tariffs are a real risk in all global transactions. You may contact the seller and request for a discount in view of the hike in local tariffs. They may consider it for long term business cooperation with you.

    AFF

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    • #3
      Re: China tariffs pushed price up and I want to cancel

      The cancellation of the order depends on the terms of the contract you entered. If the contract involves a cancellation clause you can act upon the clause, otherwise you need to reach a settlement with the seller.

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      • #4
        Re: China tariffs pushed price up and I want to cancel

        You DID know this was coming right?

        Or at least a very significant chance.

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        • #5
          Re: China tariffs pushed price up and I want to cancel

          Trump is killing many small businesses with this tariff nonsense.
          Enough already! Get rid of tariffs or get rid of Trump.

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