Tariffs 101: A Hot Topic in Global Trade and Politics | Decoding Cross-Border Ecommerce | Ep #44
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In Episode 44 of the Decoding Cross-Border Ecommerce podcast, hosts Clint Reid, Founder and CEO of Zonos, and Aaron Bezzant, Zonos’ Head of Global Trade Strategy, dive into one of the hottest topics in global trade and politics: tariffs.
What are tariffs, and how do they shape ecommerce businesses worldwide? From their historical roots to modern-day applications, this episode explores the economic and political forces driving the conversation.
What you’ll learn:
- What tariffs are and why they’re back in the news
- The different types of tariffs and how they work
- Historical examples, from Smoot-Hawley to today’s trade policies
- The potential effects of tariff changes on ecommerce businesses and consumers
- How de minimis thresholds and tariff increases could disrupt ecommerce
- How US merchants can leverage duty drawback to stay competitive
If you’re an ecommerce seller or just curious about the intersection of politics, trade, and business, this episode is packed with timely insights to keep you ahead of the curve.
Related links:
Customs duty calculation methods:
https://zonos.com/docs/guides/duty-calculation-methods?utm_source=youtube&utm_medium=video-link&utm_campaign=podcast
Import duty:
https://zonos.com/docs/supply-chain/landed-cost/duties?utm_source=youtube&utm_medium=video-link&utm_campaign=podcast
De minimis:
https://zonos.com/docs/guides/de-minimis-values?utm_source=youtube&utm_medium=video-link&utm_campaign=podcast
Learn more about Zonos:
https://www.zonos.com/?utm_source=youtube&utm_medium=video-link&utm_campaign=podcast
Related episodes:
Ep 1: De minimis
https://www.youtube.com/watch?v=Hl0toTCUEFE&list=PLmRx3ZY5IOe_gkvpWxvK-5gs9w29LA70-
Ep 43: Should the de minimis be lowered?
https://www.youtube.com/watch?v=n4z2WSJPRIU&list=PLmRx3ZY5IOe_gkvpWxvK-5gs9w29LA70-&index=43
[00:00:00] Opening clip
[00:03:49] Intros
[00:07:12] What is a tariff?
[00:09:51] Types of tariffs
[00:18:20] History of tariffs
[00:23:52] Effect on US importers
[00:26:59] Effect on US merchants
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