54% Cumulative Tariffs from China announced Today
What will you do? Will you be able to pay for these tariffs?
Will you limit your imports?
Will you increase your prices?
Will you go out of business as a 3rd party seller?
54% Cumulative Tariffs from China announced Today
What will you do? Will you be able to pay for these tariffs?
Will you limit your imports?
Will you increase your prices?
Will you go out of business as a 3rd party seller?
42 replies
Seller_pNjOVnF8a0aBi
I sell a lot of Chinese made stuff, but not much on Amazon. For me the big deal is the rest of the world. I'm the US distributor for a German line that has no equivalent anywhere. Time will tell if it will hold up to a substantial price increase.
Seller_DdmPiA1p1S2Wu
The items I import come from Taiwan, so they now have a 32% tariff, up from around 2.7%. It's a crazy high jump. On some products that I have less margin for and have buyers who purchase them regularly, I am having to raise the price on the products by the additional tariff amount. (With the additional tariff I would be selling them at a loss if I kept the price the same.) For other items where my margin is better, I'm taking a wait and see attitude at the moment, but unless something happens and these tariff amounts go down, I'll likely need to raise the prices on them as well. Not really sure what to do, kind of in shock.
Seller_HP0CuTSNvJvu9
For the brands we sell but don't own, I will increase my prices on products subject to tariffs and look for more competitive American made products. All of the brands my company owns are American made from American materials anyway. No, I'm not going to go out of business as my competitors are paying the same price increases.
Life will continue on.
What will you do? Will you be able to pay for these tariffs?
Will you limit your imports?
Will you increase your prices?
Will you go out of business as a 3rd party seller?
Seller_r9wMm8LrE5iKj
Popcorn is at the ready!
I think the story that's getting buried is dropping the de minimus on small packages shipped in; that plus the asymmetry in international postal rates was driving a LOT of non-Amazon/non-FBA sales of junk, and that will likely all go away as DTC stuff means somebody has to start paying something/a lot when previously they paid almost nothing. [Renegotiating the postal agreements would have had much of the same effect, and saved the USPS from attempts to strangle it]
On the FBA front. I suspect Amazon has a few weeks of inventory, on average, of pre-tarriff Chinese garbage, so there will be a lag before we see a LOT of cheap items disappearing from the site. Ditto for people who will have to raise prices on FBA items, but maybe not on the stuff already in transit/warehoused. After that, the product mix (and prices) will change a LOT, and I think you'll be looking at a very different site, due to the attitude from a lot of buyers that the cheapest option presented to them is the best (yes, that's not a universal attitude, but it does drives Amazon's contribution to tempering inflation).
The calcs for the tariffs are absurd (based on trade deficit, which is not the same as reciprocal tariffs), as they most punish American companies that were already making products that Americans bought/wanted more than foreigners did. But if Our Orange Overlord doesn't do a 180 in a few days, which is not impossible, I think this site will be one of the ones most affected, due to their massive onboarding of Chinese sellers in recent years, and their p-poor attitude toward domestic sellers.
Another prediction: we're already expected to have negative GDP growth this quarter, and that's with a lot of business activity due to people trying to get ahead of tariffs. I think business spend will drop off a cliff, which will have broad implications that I don't see being addressed ... most of what I'm reading is presuming businesses will buy as much stuff, and just pay more for it (which is not how supply-demand works).
Almost all our brand-registered goods have an international component (but not Chinese), and this will finish destroying us. But Amazon long ago permanently damaged our brand, so this will simply push us into retirement. Although we're in a minority there, I think there will be some of this, and some businesses that were struggling for which this will be the last straw. Another driver of negative GDP.
Could Trump finally get his long-promised 4% GDP change? If you don't pay attention to the sign (+/-), I think so. Hold on, this is going to be chaotic.
Seller_PCshC7t8gZjqm
My advice to people is to try to keep your margin % the same, not just margin $. E.g.: if the tariff adds $10 to your product cost, don't just raise the price $10 or you'll start falling behind. You're going to pay Amazon fees on the additional $10 selling price, which means you really only increased your cut by ~$8.50 (depending on category), but still have to pay the extra $10. When you factor in costs of returns, etc., those higher costs will further eat into the price increase.
Keep your mark-up % the same wherever possible and invest in tighter pricing / promotions / whatever where you NEED to do it.
Seller_Ggt6s7zXEwLbA
Amazon stock currently down 9% for the day and 20% since Jan 1st.
As someone else noted: that's what you get for "massive onboarding of Chinese sellers in recent years, and their p-poor attitude toward domestic sellers."
There's a famous 2022 memo about Amazon needing to readjust its p-poor approach to domestic employees or it was going to run out of people in the US willing to meet its labor needs.
IMHO a similar readjustment needs to be made in the approach to sellers or it's going to be a bloodbath when China blockades Taiwan.
Seller_qMgi7qxvEo7f1
I don't even know what's going on. There are new tariffs every day, I'm not an expert. I just buy and sell stuff, barely make a living. If it's a tariff on everything, and not limit, then it means I'm going to bankrupt and that's about it. Then what? The government is setting up a welfare program for those who lose their business because of the government's nonsense actions? I have no idea what's going on at this point. I'm just depressed because of all these things are happening. I was expecting a relaxing 4 years, not this. I can't increase prices, that's for sure. I barely have any customers now, just enough to survive. If I raise prices I lose them and I get zero income.
Seller_VypIP38Skxj6e
I sell toys. I don't see toy production shifting to the USA.. I sell gloves made in Pakistan. Pakistan understandably as a poor small country hardly buys stuff from the USA so they got hit with a large tariff. Where can I get gloves made? There are not workers in the USA willing to sew gloves and other clothes. Currently these products are made in Asia, india etc... all hit with large tariffs.
Seller_P0yemOBQAaYOb
The question that needs an answer:
Will Amazon let the sellers raise their prices accordingly?
54% Cumulative Tariffs from China announced Today
What will you do? Will you be able to pay for these tariffs?
Will you limit your imports?
Will you increase your prices?
Will you go out of business as a 3rd party seller?
54% Cumulative Tariffs from China announced Today
What will you do? Will you be able to pay for these tariffs?
Will you limit your imports?
Will you increase your prices?
Will you go out of business as a 3rd party seller?
54% Cumulative Tariffs from China announced Today
What will you do? Will you be able to pay for these tariffs?
Will you limit your imports?
Will you increase your prices?
Will you go out of business as a 3rd party seller?
42 replies
42 replies
Seller_pNjOVnF8a0aBi
I sell a lot of Chinese made stuff, but not much on Amazon. For me the big deal is the rest of the world. I'm the US distributor for a German line that has no equivalent anywhere. Time will tell if it will hold up to a substantial price increase.
Seller_DdmPiA1p1S2Wu
The items I import come from Taiwan, so they now have a 32% tariff, up from around 2.7%. It's a crazy high jump. On some products that I have less margin for and have buyers who purchase them regularly, I am having to raise the price on the products by the additional tariff amount. (With the additional tariff I would be selling them at a loss if I kept the price the same.) For other items where my margin is better, I'm taking a wait and see attitude at the moment, but unless something happens and these tariff amounts go down, I'll likely need to raise the prices on them as well. Not really sure what to do, kind of in shock.
Seller_HP0CuTSNvJvu9
For the brands we sell but don't own, I will increase my prices on products subject to tariffs and look for more competitive American made products. All of the brands my company owns are American made from American materials anyway. No, I'm not going to go out of business as my competitors are paying the same price increases.
Life will continue on.
What will you do? Will you be able to pay for these tariffs?
Will you limit your imports?
Will you increase your prices?
Will you go out of business as a 3rd party seller?
Seller_r9wMm8LrE5iKj
Popcorn is at the ready!
I think the story that's getting buried is dropping the de minimus on small packages shipped in; that plus the asymmetry in international postal rates was driving a LOT of non-Amazon/non-FBA sales of junk, and that will likely all go away as DTC stuff means somebody has to start paying something/a lot when previously they paid almost nothing. [Renegotiating the postal agreements would have had much of the same effect, and saved the USPS from attempts to strangle it]
On the FBA front. I suspect Amazon has a few weeks of inventory, on average, of pre-tarriff Chinese garbage, so there will be a lag before we see a LOT of cheap items disappearing from the site. Ditto for people who will have to raise prices on FBA items, but maybe not on the stuff already in transit/warehoused. After that, the product mix (and prices) will change a LOT, and I think you'll be looking at a very different site, due to the attitude from a lot of buyers that the cheapest option presented to them is the best (yes, that's not a universal attitude, but it does drives Amazon's contribution to tempering inflation).
The calcs for the tariffs are absurd (based on trade deficit, which is not the same as reciprocal tariffs), as they most punish American companies that were already making products that Americans bought/wanted more than foreigners did. But if Our Orange Overlord doesn't do a 180 in a few days, which is not impossible, I think this site will be one of the ones most affected, due to their massive onboarding of Chinese sellers in recent years, and their p-poor attitude toward domestic sellers.
Another prediction: we're already expected to have negative GDP growth this quarter, and that's with a lot of business activity due to people trying to get ahead of tariffs. I think business spend will drop off a cliff, which will have broad implications that I don't see being addressed ... most of what I'm reading is presuming businesses will buy as much stuff, and just pay more for it (which is not how supply-demand works).
Almost all our brand-registered goods have an international component (but not Chinese), and this will finish destroying us. But Amazon long ago permanently damaged our brand, so this will simply push us into retirement. Although we're in a minority there, I think there will be some of this, and some businesses that were struggling for which this will be the last straw. Another driver of negative GDP.
Could Trump finally get his long-promised 4% GDP change? If you don't pay attention to the sign (+/-), I think so. Hold on, this is going to be chaotic.
Seller_PCshC7t8gZjqm
My advice to people is to try to keep your margin % the same, not just margin $. E.g.: if the tariff adds $10 to your product cost, don't just raise the price $10 or you'll start falling behind. You're going to pay Amazon fees on the additional $10 selling price, which means you really only increased your cut by ~$8.50 (depending on category), but still have to pay the extra $10. When you factor in costs of returns, etc., those higher costs will further eat into the price increase.
Keep your mark-up % the same wherever possible and invest in tighter pricing / promotions / whatever where you NEED to do it.
Seller_Ggt6s7zXEwLbA
Amazon stock currently down 9% for the day and 20% since Jan 1st.
As someone else noted: that's what you get for "massive onboarding of Chinese sellers in recent years, and their p-poor attitude toward domestic sellers."
There's a famous 2022 memo about Amazon needing to readjust its p-poor approach to domestic employees or it was going to run out of people in the US willing to meet its labor needs.
IMHO a similar readjustment needs to be made in the approach to sellers or it's going to be a bloodbath when China blockades Taiwan.
Seller_qMgi7qxvEo7f1
I don't even know what's going on. There are new tariffs every day, I'm not an expert. I just buy and sell stuff, barely make a living. If it's a tariff on everything, and not limit, then it means I'm going to bankrupt and that's about it. Then what? The government is setting up a welfare program for those who lose their business because of the government's nonsense actions? I have no idea what's going on at this point. I'm just depressed because of all these things are happening. I was expecting a relaxing 4 years, not this. I can't increase prices, that's for sure. I barely have any customers now, just enough to survive. If I raise prices I lose them and I get zero income.
Seller_VypIP38Skxj6e
I sell toys. I don't see toy production shifting to the USA.. I sell gloves made in Pakistan. Pakistan understandably as a poor small country hardly buys stuff from the USA so they got hit with a large tariff. Where can I get gloves made? There are not workers in the USA willing to sew gloves and other clothes. Currently these products are made in Asia, india etc... all hit with large tariffs.
Seller_P0yemOBQAaYOb
The question that needs an answer:
Will Amazon let the sellers raise their prices accordingly?
Seller_pNjOVnF8a0aBi
I sell a lot of Chinese made stuff, but not much on Amazon. For me the big deal is the rest of the world. I'm the US distributor for a German line that has no equivalent anywhere. Time will tell if it will hold up to a substantial price increase.
Seller_pNjOVnF8a0aBi
I sell a lot of Chinese made stuff, but not much on Amazon. For me the big deal is the rest of the world. I'm the US distributor for a German line that has no equivalent anywhere. Time will tell if it will hold up to a substantial price increase.
Seller_DdmPiA1p1S2Wu
The items I import come from Taiwan, so they now have a 32% tariff, up from around 2.7%. It's a crazy high jump. On some products that I have less margin for and have buyers who purchase them regularly, I am having to raise the price on the products by the additional tariff amount. (With the additional tariff I would be selling them at a loss if I kept the price the same.) For other items where my margin is better, I'm taking a wait and see attitude at the moment, but unless something happens and these tariff amounts go down, I'll likely need to raise the prices on them as well. Not really sure what to do, kind of in shock.
Seller_DdmPiA1p1S2Wu
The items I import come from Taiwan, so they now have a 32% tariff, up from around 2.7%. It's a crazy high jump. On some products that I have less margin for and have buyers who purchase them regularly, I am having to raise the price on the products by the additional tariff amount. (With the additional tariff I would be selling them at a loss if I kept the price the same.) For other items where my margin is better, I'm taking a wait and see attitude at the moment, but unless something happens and these tariff amounts go down, I'll likely need to raise the prices on them as well. Not really sure what to do, kind of in shock.
Seller_HP0CuTSNvJvu9
For the brands we sell but don't own, I will increase my prices on products subject to tariffs and look for more competitive American made products. All of the brands my company owns are American made from American materials anyway. No, I'm not going to go out of business as my competitors are paying the same price increases.
Life will continue on.
What will you do? Will you be able to pay for these tariffs?
Will you limit your imports?
Will you increase your prices?
Will you go out of business as a 3rd party seller?
Seller_HP0CuTSNvJvu9
For the brands we sell but don't own, I will increase my prices on products subject to tariffs and look for more competitive American made products. All of the brands my company owns are American made from American materials anyway. No, I'm not going to go out of business as my competitors are paying the same price increases.
Life will continue on.
What will you do? Will you be able to pay for these tariffs?
Will you limit your imports?
Will you increase your prices?
Will you go out of business as a 3rd party seller?
Seller_r9wMm8LrE5iKj
Popcorn is at the ready!
I think the story that's getting buried is dropping the de minimus on small packages shipped in; that plus the asymmetry in international postal rates was driving a LOT of non-Amazon/non-FBA sales of junk, and that will likely all go away as DTC stuff means somebody has to start paying something/a lot when previously they paid almost nothing. [Renegotiating the postal agreements would have had much of the same effect, and saved the USPS from attempts to strangle it]
On the FBA front. I suspect Amazon has a few weeks of inventory, on average, of pre-tarriff Chinese garbage, so there will be a lag before we see a LOT of cheap items disappearing from the site. Ditto for people who will have to raise prices on FBA items, but maybe not on the stuff already in transit/warehoused. After that, the product mix (and prices) will change a LOT, and I think you'll be looking at a very different site, due to the attitude from a lot of buyers that the cheapest option presented to them is the best (yes, that's not a universal attitude, but it does drives Amazon's contribution to tempering inflation).
The calcs for the tariffs are absurd (based on trade deficit, which is not the same as reciprocal tariffs), as they most punish American companies that were already making products that Americans bought/wanted more than foreigners did. But if Our Orange Overlord doesn't do a 180 in a few days, which is not impossible, I think this site will be one of the ones most affected, due to their massive onboarding of Chinese sellers in recent years, and their p-poor attitude toward domestic sellers.
Another prediction: we're already expected to have negative GDP growth this quarter, and that's with a lot of business activity due to people trying to get ahead of tariffs. I think business spend will drop off a cliff, which will have broad implications that I don't see being addressed ... most of what I'm reading is presuming businesses will buy as much stuff, and just pay more for it (which is not how supply-demand works).
Almost all our brand-registered goods have an international component (but not Chinese), and this will finish destroying us. But Amazon long ago permanently damaged our brand, so this will simply push us into retirement. Although we're in a minority there, I think there will be some of this, and some businesses that were struggling for which this will be the last straw. Another driver of negative GDP.
Could Trump finally get his long-promised 4% GDP change? If you don't pay attention to the sign (+/-), I think so. Hold on, this is going to be chaotic.
Seller_r9wMm8LrE5iKj
Popcorn is at the ready!
I think the story that's getting buried is dropping the de minimus on small packages shipped in; that plus the asymmetry in international postal rates was driving a LOT of non-Amazon/non-FBA sales of junk, and that will likely all go away as DTC stuff means somebody has to start paying something/a lot when previously they paid almost nothing. [Renegotiating the postal agreements would have had much of the same effect, and saved the USPS from attempts to strangle it]
On the FBA front. I suspect Amazon has a few weeks of inventory, on average, of pre-tarriff Chinese garbage, so there will be a lag before we see a LOT of cheap items disappearing from the site. Ditto for people who will have to raise prices on FBA items, but maybe not on the stuff already in transit/warehoused. After that, the product mix (and prices) will change a LOT, and I think you'll be looking at a very different site, due to the attitude from a lot of buyers that the cheapest option presented to them is the best (yes, that's not a universal attitude, but it does drives Amazon's contribution to tempering inflation).
The calcs for the tariffs are absurd (based on trade deficit, which is not the same as reciprocal tariffs), as they most punish American companies that were already making products that Americans bought/wanted more than foreigners did. But if Our Orange Overlord doesn't do a 180 in a few days, which is not impossible, I think this site will be one of the ones most affected, due to their massive onboarding of Chinese sellers in recent years, and their p-poor attitude toward domestic sellers.
Another prediction: we're already expected to have negative GDP growth this quarter, and that's with a lot of business activity due to people trying to get ahead of tariffs. I think business spend will drop off a cliff, which will have broad implications that I don't see being addressed ... most of what I'm reading is presuming businesses will buy as much stuff, and just pay more for it (which is not how supply-demand works).
Almost all our brand-registered goods have an international component (but not Chinese), and this will finish destroying us. But Amazon long ago permanently damaged our brand, so this will simply push us into retirement. Although we're in a minority there, I think there will be some of this, and some businesses that were struggling for which this will be the last straw. Another driver of negative GDP.
Could Trump finally get his long-promised 4% GDP change? If you don't pay attention to the sign (+/-), I think so. Hold on, this is going to be chaotic.
Seller_PCshC7t8gZjqm
My advice to people is to try to keep your margin % the same, not just margin $. E.g.: if the tariff adds $10 to your product cost, don't just raise the price $10 or you'll start falling behind. You're going to pay Amazon fees on the additional $10 selling price, which means you really only increased your cut by ~$8.50 (depending on category), but still have to pay the extra $10. When you factor in costs of returns, etc., those higher costs will further eat into the price increase.
Keep your mark-up % the same wherever possible and invest in tighter pricing / promotions / whatever where you NEED to do it.
Seller_PCshC7t8gZjqm
My advice to people is to try to keep your margin % the same, not just margin $. E.g.: if the tariff adds $10 to your product cost, don't just raise the price $10 or you'll start falling behind. You're going to pay Amazon fees on the additional $10 selling price, which means you really only increased your cut by ~$8.50 (depending on category), but still have to pay the extra $10. When you factor in costs of returns, etc., those higher costs will further eat into the price increase.
Keep your mark-up % the same wherever possible and invest in tighter pricing / promotions / whatever where you NEED to do it.
Seller_Ggt6s7zXEwLbA
Amazon stock currently down 9% for the day and 20% since Jan 1st.
As someone else noted: that's what you get for "massive onboarding of Chinese sellers in recent years, and their p-poor attitude toward domestic sellers."
There's a famous 2022 memo about Amazon needing to readjust its p-poor approach to domestic employees or it was going to run out of people in the US willing to meet its labor needs.
IMHO a similar readjustment needs to be made in the approach to sellers or it's going to be a bloodbath when China blockades Taiwan.
Seller_Ggt6s7zXEwLbA
Amazon stock currently down 9% for the day and 20% since Jan 1st.
As someone else noted: that's what you get for "massive onboarding of Chinese sellers in recent years, and their p-poor attitude toward domestic sellers."
There's a famous 2022 memo about Amazon needing to readjust its p-poor approach to domestic employees or it was going to run out of people in the US willing to meet its labor needs.
IMHO a similar readjustment needs to be made in the approach to sellers or it's going to be a bloodbath when China blockades Taiwan.
Seller_qMgi7qxvEo7f1
I don't even know what's going on. There are new tariffs every day, I'm not an expert. I just buy and sell stuff, barely make a living. If it's a tariff on everything, and not limit, then it means I'm going to bankrupt and that's about it. Then what? The government is setting up a welfare program for those who lose their business because of the government's nonsense actions? I have no idea what's going on at this point. I'm just depressed because of all these things are happening. I was expecting a relaxing 4 years, not this. I can't increase prices, that's for sure. I barely have any customers now, just enough to survive. If I raise prices I lose them and I get zero income.
Seller_qMgi7qxvEo7f1
I don't even know what's going on. There are new tariffs every day, I'm not an expert. I just buy and sell stuff, barely make a living. If it's a tariff on everything, and not limit, then it means I'm going to bankrupt and that's about it. Then what? The government is setting up a welfare program for those who lose their business because of the government's nonsense actions? I have no idea what's going on at this point. I'm just depressed because of all these things are happening. I was expecting a relaxing 4 years, not this. I can't increase prices, that's for sure. I barely have any customers now, just enough to survive. If I raise prices I lose them and I get zero income.
Seller_VypIP38Skxj6e
I sell toys. I don't see toy production shifting to the USA.. I sell gloves made in Pakistan. Pakistan understandably as a poor small country hardly buys stuff from the USA so they got hit with a large tariff. Where can I get gloves made? There are not workers in the USA willing to sew gloves and other clothes. Currently these products are made in Asia, india etc... all hit with large tariffs.
Seller_VypIP38Skxj6e
I sell toys. I don't see toy production shifting to the USA.. I sell gloves made in Pakistan. Pakistan understandably as a poor small country hardly buys stuff from the USA so they got hit with a large tariff. Where can I get gloves made? There are not workers in the USA willing to sew gloves and other clothes. Currently these products are made in Asia, india etc... all hit with large tariffs.
Seller_P0yemOBQAaYOb
The question that needs an answer:
Will Amazon let the sellers raise their prices accordingly?
Seller_P0yemOBQAaYOb
The question that needs an answer:
Will Amazon let the sellers raise their prices accordingly?
