Etsy Highlights Local Sellers To Shield Shoppers From Trump’s Price-Hiking Tariffs

Benzinga

According to CNBC, Etsy is doubling down on domestic commerce as President Donald Trump's sweeping tariffs trigger rising import costs. CEO Josh Silverman announced new shopping pages that spotlight local sellers, aiming to help buyers avoid higher prices tied to foreign goods. Etsy is positioning itself as more resilient than competitors like Amazon, Shein, and Temu, which rely more on Chinese imports. U.S. shoppers may see some price increases as domestic sellers adjust to higher sourcing costs. Etsy shares have fallen 17% this year.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Etsy is doubling down on domestic commerce as President Donald Trump's sweeping tariffs

00:06trigger rising import costs, according to CNBC.

00:09CEO Josh Silverman announced new shopping pages that spotlight local sellers,

00:14aiming to help buyers avoid higher prices tied to foreign goods.

00:18Etsy is positioning itself as more resilient than competitors like Amazon,

00:21Sheen and Teemu, which are more reliant on Chinese imports.

00:25U.S. shoppers may see some price increases

00:27as domestic sellers adjust to higher sourcing costs.

00:30Etsy shares have fallen 70% this year.

00:32For all things money, visit Benzinga.com slash GSTV.

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