2025.4.7 GoodsFox Daily E-commerce News: China’s Foreign Ministry Opposes U.S. Tariff Hikes, Vows Action
- Third Drawer Down’s Art Collab Home Goods Surge in Europe and U.S.
- YouTube Partners with Shopee for Shopping Alliance in Singapore
- UK Boasts 97.25% E-commerce Penetration Rate
- China’s Foreign Ministry Opposes U.S. Tariff Hikes, Vows Action
- 65% of Amazon Sellers Raise Prices to Offset Rising Costs
1. Third Drawer Down’s Art Collab Home Goods Surge in Europe and U.S.
Australian brand Third Drawer Down is thriving in Europe and the U.S. with global artist collaborations. GoodsFox data shows its linen Guerrilla Girls tapestries and organizers sell over 1,000 units monthly. Priced at $39.99, they target high-income buyers.
Collaborations like the Louise Bourgeois teapot set blend blue-pink designs with utility, making it a Valentine’s hit. GoodsFox highlights two strategies: eco and art boosts value with linen and premium collabs, while multi-channel growth—via independent stations and Amazon—sees ad updates rise 155.5%. Localized marketing cuts acquisition costs by 20%, expanding into Philippines and South Africa.
Source: GoodsFox
2. YouTube Partners with Shopee for Shopping Alliance in Singapore
Creators can tag products in videos and livestreams, linking viewers to Shopee purchases. Because YouTube launched a Shopping Alliance in Singapore with Shopee, opening new revenue streams for creators. This boosts monetization beyond ads and memberships.
YouTube reports 62% of Singaporeans buy products discovered on the platform, signaling strong potential. Success in Indonesia, Vietnam, Malaysia, and Thailand—where Shopee Indonesia saw 6x daily order growth—paves the way. Singapore creators and brands now enhance engagement and sales, blending content with e-commerce seamlessly.
3. UK Boasts 97.25% E-commerce Penetration Rate
Western Europe leads as the top e-commerce market, while Eastern and Southern Europe show faster growth from a lower base.
By 2029, e-commerce users will surge across Europe. The UK is projected to lead with 62.69 million users, while Italy trails at 25.18 million—a 37.51 million user gap—highlighting vast market potential in emerging regions.
4. China’s Foreign Ministry Opposes U.S. Tariff Hikes, Vows Action
On April 3, Foreign Ministry spokesperson Guo Jiakun slammed U.S. tariffs at a press briefing. The U.S. plans a 34% tariff on goods from China (including Hong Kong and Macau), breaching WTO rules and harming global trade.
China firmly opposes this and will take necessary steps to protect its rights. Guo stressed trade wars benefit no one, urging the U.S. to reverse course and resolve disputes through fair negotiation.
5. 65% of Amazon Sellers Raise Prices to Offset Rising Costs
SmartScout’s report shows 65% of Amazon third-party sellers (3P) are hiking prices due to soaring costs. FBA fees, up 96% since 2000, drive this trend, with two new fees added in 2024.
Despite price increases, 60% of sellers report profit drops, per the "Voice of Amazon Sellers" report. Rising FBA costs and tariffs squeeze margins, challenging profitability on the platform.
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