With the right set of digital trade and e-commerce policies, governments can help more small businesses move online and support a new era of global digital entrepreneurs.
European wine is getting caught in a decades old trade dispute. But tariffs on imported wines from France, Germany, or Spain are a lose-lose for the U.S. wine industry. European winemakers may just shift their exports to avoid U.S. tariff pain and grow their market share in emerging economies like China.
More than one-fourth of Americans work for themselves. There’s no stereotype. Independent workers are spread almost evenly across generations, gender, and geographies from cities to suburbs to small towns and rural America. Will you join their growing ranks?
Jayme Smaldone noticed that knockoffs of his Mighty Mug were selling on e-Bay for very cheap and included free shipping. But for his company, the cost was about $6.30 to ship the same (original) mug from their New Jersey warehouse to a U.S. location, even one across the street. How could that be?
Small businesses have more opportunities than ever to sell to customers around the world, but IP theft is one of their biggest risks to pursuing these sales. Just ask Liz Fields, a successful designer of bridesmaid and wedding dresses, who found counterfeit versions of her designs undercutting her business — and her credibility.
Etsy, the online marketplace for handmade, vintage, or other unique items, is one of many popular Internet platforms where individual creators can sell their works. Nearly 15 million Americans earned a collective $6 billion using just nine of these platforms. Millions more did the same worldwide. And now many of these creators are also global traders.
WTO Ministerial Conferences are held every two years. They aren’t really strategy retreats, like the management team off-sites that companies hold, but maybe they should be.
Because most everything can be found online and purchased in small quantities, most consumers don’t see much difference between buying toothpaste from CVS online or purchasing an Alex Galchenyuk hockey trading card from Canada on eBay. But when the product is shipped across an international border, the “de minimis” rule is in play.
You probably know the stories of college student entrepreneurs who made it big, from Mark Zuckerberg’s Facebook and Bill Gates’ Microsoft, to the founders of Dell, Google, and Yahoo. I might not walk among these giants, but in the early 1990s, I ran a small biomedical supply company — out of my dorm room, where we managed to go global.