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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. As almost every sector in the business world grapples with tariffs, eBay and Etsy both don't appear to be overly concerned.
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. So, while Etsy sellers may not feel the effects of tariffs, customers are still hesitant to spend, leading to a 3.4% year-over-year decline in active buyers, bringing the total to 88.5 million. “We have observed healthy volume trends due to strength in our focus categories and what could be a modest pull forward of demand from consumers worried about increased costs and complexity at U.S. customs in the near future,” said eBay’s CFO, Steve Priest.
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