Tariffs are taxes levied on imported goods, often aimed at protecting domestic industries or responding to trade imbalances. For eCommerce businesses, especially those relying on international suppliers, tariffs can lead to: 聽
- Increased Product Costs: Tariffs raise the cost of imported goods, which can squeeze profit margins or necessitate price increases.
- Supply Chain Disruptions: Sudden tariff changes can disrupt established supply chains, leading to delays and increased operational complexity.
- Pricing Challenges: Deciding whether to absorb the additional costs or pass them on to consumers becomes a critical decision.
