Amazon is seeking steep discounts from suppliers and setting tough terms to protect its margins, as the technology giant works to limit the damage from US President Donald Trump’s tariffs.

The planned pullback, which hasn't been previously reported, is a way for sellers to protect profit margins amid the U.S.-China trade war triggered by steep tariffs placed by U.S. President Donald Trump on Chinese goods,

Amazon ‘s Prime Day is losing its luster among a critical group: sellers. Some third-party merchants who previously sold China-made goods during Amazon’s premiere July shopping event are sitting it out this year or reducing the amount of discounted merchandise they offer.

President Donald Trump is set to take action to ease the impact of his tariffs on US car makers, a top White House official says. "This deal is a major victory for the President's trade policy by rewarding companies who manufacture domestically," Commerce Secretary Howard Lutnick said in a statement provided to the Reuters news agency.

The policy chief of Japan's ruling Liberal Democratic Party on Monday called on U.S. President Donald Trump to reconsider his plans for reciprocal tariffs, saying they could negatively impact Indo-Pacific security.