Trump Tariffs Are Coming - How Amazon Sellers Can Avoid Disaster in 2025 | Steve Simonson | Lunch With Norm - The eCommerce & Amazon FBA Podcast | Podwise
This podcast explores how Trump-era tariffs might affect Amazon sellers, especially those sourcing products from China, Mexico, and Canada. While these tariffs pose a threat, the hosts stress the need for proactive strategies. They suggest considering alternative suppliers from countries like Vietnam, India, or even within the U.S., negotiating better deals with suppliers, and mastering tariff codes to steer clear of penalties. The discussion emphasizes the significance of strong unit economics, competitive pricing, and streamlined operations to stay profitable amid potential tariff hikes. The speakers caution against attempting to evade tariffs, as doing so could lead to serious financial consequences.
