GoodsFox Daily News (August 4 , 2025):Trump Tariff List Revealed, Indonesia Overtakes U.S. on TikTok Shop, and Apple Faces $800M Hit
- Indonesia Surpasses U.S. as TikTok Shop’s Largest Market
- Apple Loses $800M Due to Tariffs
- Beauty and Personal Care Dominate TikTok Best-Seller Charts Globally
- TikTok Shop Indonesia Introduces Order Processing Fee Starting August 11
- Trump’s Final Tariff List Announced
1.Indonesia Surpasses U.S. as TikTok Shop’s Largest Market
Momentum Works and Tabcut released the 2025 H1 TikTok Shop Report. TikTok Shop GMV doubled year-over-year, reaching $26.2 billion. Although the platform faced potential U.S. bans earlier this year, the risk did not slow its eCommerce growth. Indonesia overtook the U.S. to become the largest TikTok Shop market with $6 billion GMV. The U.S. followed closely with $5.8 billion GMV, up 91% year-over-year, supported by 475 stores and 15.3 million influencers. Meanwhile, livestream GMV share rose from 10% in 2024 to 14% in 2025 H1. However, high-value livestreams declined, with only one session exceeding $1 million GMV, compared to four during the same period in 2024.
2.Apple Loses $800M Due to Tariffs
Apple CEO Tim Cook revealed during a July 31 call that tariffs caused an $800 million loss this quarter and could add $1.1 billion in costs next quarter. In addition, Cook noted that Apple acquired about seven companies this year, some linked to AI development. He emphasized that Apple remains active in pursuing acquisitions of all sizes to support AI product growth.
3.Beauty and Personal Care Dominate TikTok Best-Seller Charts Globally
Mini Excavators and Tractor Attachments TikTok Shop’s weekly top charts across 14 markets revealed diverse consumer trends. In the UK, plmakeupacademy’s eyeshadow surged 34,657.89%, and Wonderskin’s lip mask led sales. In the U.S., Novatek car air fresheners sold 49,100 units, holding first place. Meanwhile, Thailand’s Gentlemen’s Socks sold 109,300 pairs, ranking first for two weeks. Indonesia’s satukeluargaid wall hooks reached 179,100 units, and toilet paper grew over 5,000%. Vietnam’s TOPGIAHN toilet paper soared 36,350.79%, selling 13.02 billion sheets. The Philippines and Brazil saw beauty and personal care dominate, with 40% of the Philippine list in beauty and Brazil focusing on oral care. In addition, Spain showed high demand for women’s lingerie, Japan saw iPhone privacy films and phone holders trending, and instant ramen in Germany and wireless gaming devices in France continued to perform well.
4.TikTok Shop Indonesia Introduces Order Processing Fee Starting August 11
TikTok Shop by Tokopedia announced that starting August 11, each successfully delivered order will incur a 1,250 IDR (~$0.06) processing fee. The fee will be automatically deducted from the transaction and is non-refundable unless the order is not shipped. The platform said the fee will help optimize its nationwide logistics network and aligns with Shopee’s previous policies. Notably, the fee applies regardless of item count or eventual refunds, and only unshipped orders are exempt. Therefore, low-ticket sellers may see reduced margins and should adjust operations accordingly.
5.Trump’s Final Tariff List Announced
President Trump signed an executive order imposing new tariffs effective August 1. Canada’s tariffs rose from 25% to 35%. Nearly 70 countries now face differentiated rates from 10% to 41%, with Syria at 41%, Myanmar and Laos at 40%, Vietnam at 20%, Malaysia at 19%, Japan and South Korea at 15%, and Brazil and the UK at 10%. The new rules also end the $800 de minimis T86 exemption for cross-border small parcels. Starting August 29, shipments will face origin-based tariffs plus $80–$200 specific duties per item, and third-country transshipment faces a 40% penalty. Meanwhile, the U.S. threatened 100%–500% tariffs on countries importing Russian oil. China has explicitly refused to compromise.
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