eBay and Etsy are relatively confident despite tariff pressures

Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trump’s tariffs. However, based on the comments made by eBay and Etsy earlier this week, both don’t appear to be overly concerned. The companies recently reported Q1 2025 earnings results, both addressing the pressing topic of tariffs. eBay and Etsy are resilient to an extent, largely due to their sellers’ approaches to sourcing products. In contrast to import-reliant rivals like Temu and Shein, which recently raised prices in response to tariffs, many eBay and Etsy sellers in the U.S. mainly source their products locally, often selling used, vintage, or handmade items. The companies provided data during their earnings calls to demonstrate the minimal exposure to tariffs. eBay’s CEO Jamie Iannone said, “Our greater China to U.S. quarter makes up about 5% of total [gross merchandise value] for us. And China overall is a little less than 10%.” Similarly, ... Read full article.