AWE0159 Trade War Update For Amazon Sellers Audio

https://awesomers.com/159 On October 12th China and the USA announced a "phase one" trade deal. Was it really a deal or was it just a cease fire? That's more of an academic question, but here are the key take aways: 1) Ratching down rhetoric is better than going farther into the abyss. 2) No formal deal has been inked, so we don't know if this will actually get over the finish line, but the USA has honored it's promise to waive or otherwise defer the additional 5% tariff that was expected to be applied as of October 15th. 3) Besides the press conferences related to the Washington DC based meetings and related press coverage we don't have alot of facts. Which leaves us to guess about what has been "agreed" to and what comes next. And since the absence of information leaves me OPEN for speculation, here we go: 1) China got something it wanted. Waiver or delay of the 5%. 2) USA got something it wanted. A committment to buy US Agriculture products in the amount of 50 Billion dollars. (The devil, however, is in the details since we don't know over what time period that represents.) Both the USA and CHINA could use some political wins on this trade war front and this was likely a good start for both. The fact that the USA is bringing in billions in tariffs gives the USA some power to mitigate those industries hardest hit with retalitory tariffs. The same applies the the added tariffs for items coming into China. China has a high interest in maintaining it's manufacturing base. Here are some things to watch for: What happens to the next round of tariffs set to take effect on December 15th? How will the African Swine Fever impact China's inflation and related US Ag purchases? What impact, if any, will the Hong Kong situation have short or long term? How will the Chinese delegation read the US Election and factor that into their results? How will the Impeachment inquiry impact the Trump strategy on trade in China or elsewhere? (Turkey, EU, Etc..) How will a prolonged trade way impact the global economy? Will the Congress play politics on the Canada-Mexico-USA new agreement? Will any tariffs get rolled back? If so when? https://awesomers.com/159 Stay tuned into this dynamic situation!

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If you are an Amazon seller, ecommerce entrepreneur, ebay seller or you want to learn how to sell online this Podcast is for YOU! What is an Awesomer? An Awesomer is someone who through a series of long-term actions and behaviors has demonstrated that they are not satisfied with normal. They are achievers to a penultimate degree in their own industry specialty or area of interest. There are no monetary criteria to be an Awesomer, in fact, many mega-wealthy people are not Awesomers. Some of them are Normies. Others are even Basics! Awesomers want to thrive; not just survive. Awesomers are trying to improve their lives and the lives of those around them. They are trying to make an impact, in whatever way they can, on the world. Many Amazon Sellers are awesomers. They took the Amazon FBA opportunity and they siezed the moment by taking action. If you are an Amazon Seller or interested in selling in eCommerce you should take a moment now and listen to all the Awesomer origin stories. Entrepreneurs solve problems in the world. They don’t create them. Awesomers are never done learning or improving. To become an Awesomer one must realize the journey to improve is perpetual. In other words, you don't arrive to the land of the Awesomer as a destination. Being an Awesomer means you are on the path of achievement for the sake of improving your life and those around you. Awesomers are 75% more likely to listen to educational or improvement podcasts.** What is a Normie? A Normie is someone who is stable and well established in life and ultimately is satisfied with the status quo. They don't want to rock the boat. They don't want to take risks. Normies are satisfied to survive. Normies are fine, just ask them. Awesomers have no problems with Normies. In fact, most Awesomers are surrounded by Normies who are their close friends and even family. More often than not Normies do not understand the plight of the Awesomer so they will warn the Awesomer to “be careful” or “don’t do it” or provide other guidance they mean to be helpful, but it is really just negativity that the Awesomer must overcome. We all know and love Normies and we are not criticizing Normies. We're only delineating some of the differences that exist between Awesomers and Normies. Normies are 84% more likely to listen to news about the Kardashians than Awesomers.** What is a Basic? A basic is someone who doesn't care about anyone which is often including themselves. They self-sabotage, they create problems, and they are not people that anyone should hang out with. They suck the life out of everyone around them by manufacturing drama, problems, or other nonsense. These people have chosen a path for themselves often by years and years of behaviors and actions which lead them to the life they have today; which is ok with us. We’re not judging. We just choose not to have our journey detoured by crossing the path of a Basic. (We also refer to this as the no A-HOLE rule.) 63% of basics have a cell phone only to play games, consume news or "vent" on social media.** **The preceding statistics for each archetype above is 100% made up. We like to make jokes. But we'll always tell the truth and set the record straight. The Awesomers.com podcast, hosted by Steve Simonson, will showcase some of the amazing origin stories of Awesomers from around the world. There are so many truly inspiring stories from people from all walks of life, but most often the Awesomers that will be focused on will be those who are also entrepreneurs. We'll be launching in the last half of 2018 as we build the systems and a team to support this important effort. We hope you will join us for this exhilarating journey! Many of these awesomers are Amazon sellers who have built an Amazon FBA ecommerce business and have started to see positive financial and lifestyle results.