Trade wars can directly affect eCommerce businesses that import their products from these countries, as it will force them to raise customer prices in order to maintain their margins.Īnother aspect of international trade that can affect eCommerce revenues is the prohibition of selling goods to sanctioned countries. There’s been a lot of buzz in the news cycle around the United States raising tariffs with countries such as Canada, China, and Mexico. Visit the Sanctions Program and Country Information Resource Center to see the full listing and stay updated on any changes to OFAC sanctions.OFAC stands for Office of Foreign Assets Control, and it's part of the U.S.A sanction is meant to penalize a country or certain groups and individuals within a country.
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