This year's US election was thrilling, full of twists and turns, ups and downs, and confusion. The votes have been counted for an entire night, but the winner has not yet been decided. Before the election, major media outlets generally predicted that Biden would win easily, but they soon discovered that the actual result was not the case. Yesterday, Trump's performance was unexpected. He won key swing states including Florida, and his chances of winning suddenly increased. It seemed that the scene four years ago was about to be repeated. But no one expected that Biden would win Wisconsin and Michigan , winning 10 electoral votes in Wisconsin and 16 in Michigan. As of press time, Biden has won 264 electoral votes, just 6 votes away from 270 , while Trump only won 214 votes.
It is reported that Biden has received more than 70 million votes, surpassing Obama's high of more than 69.4 million in 2008 , setting a record for all presidential candidates . Trump currently has nearly 67.3 million votes. Now there are only five states left to announce the results. If Biden wins any of Nevada (6 electoral votes), Georgia ( 16 ) or Pennsylvania ( 20 ), he will win the election. In the early morning of the 4th , Biden took the lead in giving a brief speech, saying that he was confident of winning. Trump is completely panicked: demanding a recount! Last night, Trump himself posted on his social account suggesting that Biden's side "cheated" : "Last night I was firmly ahead in nearly every key state, in nearly every Democrat-run and -controlled state. Then, one by one, as the surprise votes were counted, they began to magically disappear. It was bizarre, and those 'pollsters' knew full well, it was HISTORICALLY WRONG!"
"Irregularities have been reported in several Wisconsin counties, which casts serious doubt on the validity of the results," Trump campaign manager Bill Stepien said in a statement. " The President will request a recount , and we will do so immediately." In fact, it may not be just Wisconsin. According to CNN, Trump campaign officials told allies on the phone that they might initially request a recount in several states, including Wisconsin and Michigan . According to US media reports, the Trump campaign issued a statement saying that they have filed a lawsuit in Michigan, asking the state to stop counting votes until the state obtains "meaningful authority" to observe the ballot opening and counting process. In addition to Michigan, the Trump campaign will also take legal action in Pennsylvania . CNN said that they are filing a lawsuit in Pennsylvania over poll observers and voter identification laws. States in the Midwest have not yet announced their results, and both Trump and Biden still have a chance of winning, but Biden now seems to have a greater chance of winning. What impact will the US election have on cross-border e-commerce? Trump VS Biden, the main differences are reflected in the following aspects: 1. If Trump is re-elected Since Trump was elected last time, he has always shown America first and anti-globalization. From the perspective of foreign trade exports alone, if Trump is re-elected, there may be the following three major impacts: First, it affects the continued depreciation of the US dollar. This is one of the focuses of many foreign trade people. Whether it is traditional foreign trade or cross-border retail, the continued depreciation of the US dollar not only affects profits but also affects the direction of trade. Secondly, the Sino-US trade frictions have been aggravated, and Sino-US relations have continued to fluctuate. China's higher export tariffs affect every traditional foreign trader and cross-border e-commerce practitioner, which ultimately affects and impacts China's low-end manufacturing industry, such as the low-end textile and garment industry. Third, the continued fluctuations between China and the United States have affected the exports of China's top brand technology companies to the United States. Judging from Trump's performance in the first half of the year, including the Sino-US trade frictions, and the strong pressure from 5G, chips, and Tiktok, if Trump is re-elected, it will further affect these top Chinese brand technology companies' exports to the United States. 2. If Biden is elected Based on a comprehensive and systematic analysis of Biden’s campaign manifesto, it may not be difficult to see that Biden’s election is more beneficial to Trump. First, if Biden is elected, he may try to restore relations with traditional allies. The depreciation of the US dollar can be curbed, which is good for Trump's re-election from this perspective. Second, as a representative of America's elite politicians, Biden leaves the world with the impression of being a good guy with good relationships. If Biden is elected, the relationship between China and the United States will ease in the short term, and there will be a certain recovery in the exports of 5G and chips, Sino-US trade frictions, and branded high-tech companies. Third, China-US trade negotiations will continue. On the core issue of tariffs, Biden may choose a compromise approach that differs from Trump and ease the trade fluctuations between China and the US to a certain extent. So no matter who is elected, except for the exchange rate, the impact on the vast majority of cross-border e-commerce sellers will be limited, and may even benefit some markets, some categories, and even some sellers. For example, in the US market, many sellers have grown against the trend this year. A large number of sellers saw a sharp drop in sales Trump and Biden are fighting fiercely, but cross-border sellers are out of business. Recently, a large number of sellers reported that their order volume has dropped sharply. Seller 1: I am almost on the edge of 0 orders, and I am trying like crazy. I also tell myself that I don’t have time to shop… Seller 2: Sales volume is poor +1. Now all orders are supported by advertising. Once the advertising stops, the orders will drop sharply. Seller 3: I hit rock bottom today. Wow, I turned into Lin Dan in an instant. Seller 4: There are few orders and the reviews keep dropping. I have doubts about my operational capabilities. Seller 5: Sales this week have not been very good. Even with high advertising prices, they have not been able to boost sales. Can we still expect a good peak season this year? Seller 6: The store has only had one or two orders, and occasionally zero orders. Advertising costs are higher than sales. That's how it is. … In this regard, most sellers believe that most consumers’ attention is drawn to the US election and they have no time for shopping, and things should get better after the election. In addition to the small number of orders, the US election is in a stalemate and exchange rate fluctuations are also intensifying. Yesterday, the offshore RMB exchange rate against the US dollar fell by more than 300 points , and finally reported 6.7136 yuan. This withdrawal seller will lose hundreds of dollars, which is sad... Amid the chaos of the election, the seller was having a miserable time, but my brother-in-law was having a great time. Bezos sells $3 billion in stock Taking advantage of the chaos surrounding the US election, Amazon founder Jeff Bezos sold $ 3 billion of Amazon stock on Monday and Tuesday (Election Day).
It is reported that he sold $ 3.1 billion worth of Amazon stock in August this year. In February this year, he sold more than $ 4 billion worth of Amazon stock. This year, he has sold more than $ 10 billion worth of Amazon stock. Despite cashing out so many billions, my brother-in-law is still the world's richest man with a net worth of nearly 170 billion US dollars. We cannot experience the joy of the richest man cashing out, and the US election has nothing to do with you. Sellers should just make their own products honestly, arrange the logistics, and place more orders! (Source: Cross-border Sellers Teahouse) |
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