Shopify(SHOP) The Motley Fool·2025-05-13 18:01Core Viewpoint - The reduction of the "de minimis" tariff on low-value imports from China is seen as a positive development for small online businesses and companies like Shopify that support them [1][4]. Group 1: Tariff Changes - The "de minimis" tariff on goods valued at $800 or less has been eliminated, which previously exempted these goods from tariffs [3]. - President Trump announced a reduction of the tariff on "de minimis" goods from 120% to 54%, with exemptions in place for 90 days as negotiations continue [4]. Group 2: Impact on Shopify - Although Shopify itself is not directly affected by the tariff changes, many of its small business customers could face increased costs due to the new tariff rates [3][5]. - The potential for higher costs for Shopify's customers could have a near-term impact on the company's earnings if the tariffs remain in place [5]. Group 3: Long-term Outlook - For long-term investors, the current tariff situation is not a reason to avoid investing in Shopify, as the company is well-positioned to navigate the challenges posed by trade tensions [6].