From Yahoo Finance: 2025-05-13 14:01:00

The White House is cutting tariffs on low-value goods, a relief for small businesses. Shopify stock rose 4% on the news. While Shopify itself won’t be directly impacted, its customers might be. President Trump’s executive order reduced the tariff on goods from China to 54% for 90 days.

Shopify, a platform for e-commerce businesses, could see increased costs for customers due to the tariff reduction. The company is well-positioned to handle any trade war turbulence. Long-term investors should not be deterred by the potential impact on earnings. Consider the Motley Fool’s top 10 stock picks, which do not include Shopify.

Read more: Why Shopify Stock Is Up Today