E576: The Impact of Donald Trump’s Administration on E-Commerce
In this episode, Dave talks about the potential impacts of Donald Trump's presidency on e-commerce, focusing on tariffs, currency fluctuations, and whether big tech companies like Amazon will still be under scrutiny from FTC.
Today's episode is sponsored by Autron. Maximize your ROI with Autron’s real-time algorithmic bidding, optimizing every ad dollar for smarter spending and higher returns. Start optimizing today and get 30% off for 3 months!
Sign up to get early access a special bonus offer for our BFCM Deal.
We'll be having the biggest deal of the year on our Develop a Profitable Product course + Advanced Amazon Market course + an amazing discount AND a big bonus for those who signup for the waitlist here.
Takeaways
- Trump's presidency will almost 100% signify a tariff on all international imports.
- Companies will have no choice but to either increase their prices, absorb the cost, or to look at sourcing locally.
- Other than that, expect higher freight costs in the near term. Almost everyone will be placing more orders before tariffs are implemented, which will spike up freight costs.
- Big tech will certainly be affected too.
- Trump's stance on TikTok has softened.
- Amazon and Trump have a rough relationship, and its unlikely that Trump will ease their FTC issues.
Chapters
- 00:00 – The Impact of Trump's Presidency on E-Commerce
- 10:10 – Tariffs and Their Implications for E-Commerce
- 14:27 – Currency Fluctuations and Economic Strategies
- 18:15 – Big Tech and E-Commerce Dynamics
- 20:24 – Digital Taxes and Global Trade Relations
As always, if you have any questions or anything that you need help with, reach out to us at support@ecomcrew.com if you're interested.
Don’t forget to leave us a review on iTunes if you enjoy our content. If you have any questions, send us an email at support@ecomcrew.com. We'd love to help you in any way we can.
Thanks for listening!
Until next time, happy selling!