It seems you can’t turn on the news these days without hearing the increasing hysteria surrounding the United States and China trade war. Politics aside, it’s a very real concern for sellers. It’s important to follow the ongoing battle to understand how it might effect your business down the road. This dispute over duties, however, could take a decade or more to resolve. This could be our new normal, for now. The important thing to remember is that this is affecting every pillar of the retail industry. From the heaviest hitters, down to Amazon FBA sellers, no one is immune to the 10-25% increase in duty rates. Walmart, Amazon’s biggest direct competitor, has to raise the cost of their goods to help absorb some of that cost, just like everyone else. For the most part though, it means the consumer is left to shoulder the burden. They’re the ones paying the higher prices. Or, in some cases, the retailer/seller will choose to carry the extra cost themselves, shrinking their profit margin. Neither option is ideal, which is why we’re going to address the top concerns for Amazon sellers here, along with a few alternative options. What can you expect? Renegotiating with ... Read More The post Amazon FBA and the US-China Trade War appeared first on Jungle Scout: Amazon Product Research Made Easy. from https://www.junglescout.com/blog/us-china-trade-war/
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