Adapt to Tariffs and De Minimis Changes
Recent Regulatory Changes Have Upended e-Commerce
As of April 2nd, the White House made sweeping changes to global trade through executive action - eliminating De Minimis exemption for imports from China and Hong Kong and implementing a universal 10% tariff on nearly all imported goods, with specific higher "reciprocal" tariffs on countries perceived to have trade imbalances and barriers.
These changes will have huge impacts on both legacy retail giants and disruptive e-commerce brands alike. Disruptions, price changes, delays, and panic is likely in the coming weeks.
At Stord, we prepared.
This means:
- Strategically placed fulfillment centers across the United States and Canada with an integrated partner network for improved reach
- A diversified mesh of national and local carriers for accelerated delivery times at the cheapest cost possible
- Proactive import strategies to reduce fees and drayage costs
- Close collaboration with government officials to stay informed and prepared on changes
- AI-driven software to help identify inefficiencies and protect bottom lines
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