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Trump Boosts Shopify

Published on: June 5 2023 by pipiads

- The impact of tariffs on ordinary Americans is a growing concern.

- CNN's Tom Foreman reports on the expected impact of tariffs on American consumers.

Impact on American Consumers:

- The cost of tariffs may be passed on to American consumers.

- It is unclear how many Chinese companies will pass on the cost of tariffs to consumers.

- American consumers could feel the impact of tariffs expanding to consumer products.

- Prices of popular products like smartphones, computers, televisions, and fitness trackers may increase.

- The extra cost for the average American family of four could be close to $800.

- American consumers are already paying hidden tariffs on products.

- The major markets are already showing unease over the clash in trade between China and the US.

- The economies of both countries could slow down, and close to a million American jobs could be lost.

President Trump's Position:

- Trade talks have stalled, and there is no deal in sight.

- President Trump believes tariffs for a country are powerful and will make the country stronger.

- He believes China is cheating the US by stealing intellectual property, manipulating currency, and reneging on a framework for a deal.

- He is convinced China will blink first and tariffs will bring more wealth to the US.

Uncertainty:

- The uncertainty of the situation makes the markets uneasy.

- President Trump sees it as a negotiating tactic to keep everyone off balance.

- It is unclear if the constructive talks behind the scenes are enough to offset the downside of all the uncertainty.

Interview with Demetrios of Stop Alou:

- The US is demanding a lot from China, and it is unclear if they will agree.

- Negotiations were constructive, but it is better than earlier when it looked like China may not come to the US.

- We are in a game of chicken, and it is unclear how the trade war will be solved.

- Xi Jinping is powerful, but he also has a lot of enemies and hardliners in his regime.

- Donald Trump is feeling empowered and is unlikely to back off.

Impact on US Economy:

- US businesses will pass on the costs of tariffs to consumers.

- The impact on consumer spending depends on how much prices rise and which products are affected.

- The prices of products during the holiday season could increase, and consumers may decide not to buy certain products.

- The risk of China retaliating with its own tariffs is still present and could have a knock-on effect on the economies of both countries.

- The impact of tariffs on ordinary Americans is a growing concern, and the cost may be passed on to consumers.

- President Trump believes tariffs will bring more wealth to the US, but the uncertainty of the situation makes the markets uneasy.

- Negotiations were constructive, but it is unclear how the trade war will be solved.

- The impact on the US economy depends on how much prices rise and which products are affected.

Will Trump Affect Shopify Dropshipping? | Politics And Entrepreneurship

In the world of entrepreneurship, there is a lot of chatter about how current politics will affect the industry, particularly in e-commerce. However, there are bigger problems that entrepreneurs should focus on, such as their own successes and building up their businesses.

Main Points:

- Politics can affect entrepreneurship and e-commerce, but there are no big changes happening at the moment.

- Entrepreneurs should focus on their own successes and not compare themselves to others.

- Many successful entrepreneurs are those who focus solely on their own businesses and not on others.

- It's important to stay up to date with everything, but don't let politics or others' successes distract from building up your own business.

As an entrepreneur, it's easy to get caught up in politics or the successes of others. However, it's important to focus on building up your own business and not let external factors distract you. Keep grinding and success will come.

Will Donald Trump's Tariffs Kill Your Shopify Dropshipping Store?

In this video, MattWasik discusses the recent announcement made by Donald Trump regarding tariffs being placed on products imported from China, amounting to around 50-60 billion dollars worth of imports. He urges viewers who own a dropshipping store or are looking to start one to pay attention to this news as it can potentially affect their business. Matt explains that the costs of products being shipped to customers will rise, leading to reduced advertising spends and smaller margins. He suggests that building a strong brand, creating a loyal following on social media, and building email and messenger lists can help mitigate the effects of rising costs. Matt also recommends considering moving to a print-on-demand model or finding a manufacturer in the United States for products like jewelry. He emphasizes the importance of adapting and pivoting to change in the constantly evolving world of e-commerce.

Shopify Removes Donald Trumps Stores From Its Platform | Discussion On Owned vs. Leased Stores

Shopify Removes Donald Trump Stores from Platform: Is It Time to Rethink E-Commerce Reliance on Third Parties?

Shopify has pulled Donald Trump's apparel and merchandise stores off its platform, citing a violation of their acceptable use policy. This move has raised questions about the reliance on third-party e-commerce platforms and the potential for censorship.

The Dangers of Reliance on Third-Party E-Commerce Platforms:

Shopify Hypocrisy: They Took Trump's Store Down But, Latin Kings, Bloods, Crips, and BLM Have Stores

The purpose of this video is to highlight the hypocrisy of Shopify, who recently took down Donald Trump's Shopify stores. This article will examine the situation and provide examples of other controversial stores still on Shopify's platform.

Shopify's Changing Standards:

- Shopify previously allowed any stores to stay up, even if controversial

- CEO previously stated it was not their place to make moral judgments on what is being sold

- Shopify recently deviated from this standard and took down Donald Trump's store

- If Shopify is going to make moral judgments, they should hold everyone to the same standards

Examples of Controversial Stores on Shopify:

- Black Lives Matter stores that have engaged in violence

- Stores selling Latin Kings and Blood Gang merchandise

- Democratic party stores with statements calling for violence and uprisings

- Kathy Griffin holding up a decapitated Trump head

- Comparing the actions of Trump supporters at the Capitol to Black Lives Matter protests

Concerns for Shopify Customers and Investors:

- As a Shopify store owner, it is concerning that Shopify can pull down stores based on moral judgments

- This could potentially tank a business and cause issues for investors

- Bigcommerce could be a superior platform option with less transaction fees and no moral judgments on controversial stores

Shopify's recent actions have caused concerns about their changing standards and potential impact on businesses and investors. It is important to hold everyone to the same standards and consider alternative platform options.

☠️Will Trump KILL Shopify Dropshipping In 2020

In this video, the impact of the China vs US trade war on dropshipping businesses will be discussed. Although the majority of dropshippers will not be affected, it is important to understand the trade war and its potential effects.

Tariff Thresholds:

- Products priced under $200 are exempt from the duty, which will not affect the majority of dropshippers.

- The US does not want to compete with China on low ticket items.

- The cost of shipping from China to the US is much cheaper than shipping from the US to a US customer.

- If selling products over $200, add the tariff duty pricing into product cost to prepare for the change.

Product Pricing:

- 90% of businesses, including Apple, will be increasing product pricing due to the tariffs.

- Consumers will become used to the extra cost and will not affect conversion rates.

Shipping Costs:

- Shipping from China to the US is still cheaper than using a US supplier.

- Even with tariffs, it is still cheaper to import from China.

For the majority of dropshippers, the trade war will not affect their business. However, for those selling products over $200, there may be a slight drop in conversion rates initially. Overall, it is important to understand the trade war and its potential effects to prepare for any changes.

What a Trump trade war would mean for Amazon FBA and Shopify sellers

- Andrew Henderson from NomadCapitalist in Bali, Indonesia

- Hanging out with former clients/friends in Amazon FBA and e-commerce space

- Doing NomadCapitalist for retirement project, not about money

- Interested in meeting interesting people and discussing business ideas

Controversial Thoughts:

- Earlier talked about Muslim ban, got people fired up

- Now talking about potential trade war with China, Mexico, and other countries

- How it affects e-commerce sellers

- E-commerce sellers think they won't be affected because they'll just pay the tariff

- Devil's advocate suggestion: People may be less interested in buying expensive products

- NomadCapitalist strategy can help e-commerce business

Offshore Strategy:

- High taxes in countries like US, UK, and Australia affect ability to reinvest in new products

- Competitors in other countries paying lower taxes have advantage

- Secret weapon for e-commerce sellers: setting up offshore company and legal tax strategy to reduce taxes

- Can save hundreds of thousands of dollars illegally

- All money goes back into the business, allowing for exponential growth

- Encourage people to check out NomadCapitalist to save money and control events themselves

- Trump's actions can't be controlled, but NomadCapitalist strategy can put more money in e-commerce sellers' pockets

- Offshore strategy allows for exponential growth and control over events

- Encourage people to check out NomadCapitalist to save money and put it back into their business.

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