On the same day President Trump delayed ending a trade exemption, Shopify published a blog post advocating for open trade. The company called for freedom for online merchants from geopolitical constraints, stressing that without protections, small businesses suffer from escalating costs and disrupted supply chains. The post emphasized the significance of the 'de minimis' rule, which allows low-cost goods to enter the U.S. tax-free. Shopify urged for this exemption to remain in effect permanently, highlighting its importance for competitiveness in global markets amidst concerns from the Trump administration about customs enforcement.
Shopify endorses open trade, urging for freedom for online merchants without constraints from geopolitical tensions, essential for sustaining small business viability.
De minimis protections are crucial for small businesses in international trade, exempting low-value shipments from taxes and duties, keeping costs low.
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