Shopify insists on “open trade” as Trump slows down the release from import
On the same day, when President Donald Trump delayed the termination of the release from trade aimed at a particular Chinese import, an e -commerce company Shopify published a Blog post clarifying his position on trade policy in the United States.
In the publication, Shopify approved Open Trade, urging regulators to give online traders “Freedom to expand without restrictions imposed by geopolitical brings”.
“Without small business protection, legal entrepreneurs suffer from policies designed to limit exploitation,” the publication said. “This increases costs, violates supply chains and interferes with cross -border trade.”
Shopify, a platform that hosts millions of sellers at home and abroad, has something to lose the possible cancellation of the De minimus rule. The provision, which was signed in the law in 1930, allows for low -cost goods to enter the United States without colliding with taxes.
The Trump administration claims that the De minimis rule makes it difficult to identify fentanyl shipments sent by mail. Trump quickly moved to close the rule, but turned the course on Friday before the pressure from traders and consumers.
The opening is only temporary. The release from De minimis will be removed again after “adequate systems have been designed for fully and appropriate processing and collection of tariff revenue”, according to an executive order that Trump signed on Friday afternoon.
Shopify says the pause should be constant. “De minimis protection is crucial to small international business business,” the company wrote in its publication. “They release low tax and duties supplies, maintaining low costs and improving worldwide competitiveness.”
Based in Ottawa Shopify, which commands Approximately 10% of the global e -commerce market and facilitates over $ 20 billion in annual cross -border salesHedjira his bets. This week, the platform has widely deployed a feature that allows traders to show and collect duties during the cash register, as well as a search filter that makes it easier for consumers to shop from their homeland.
In the near future, Shopify plans to release updates “aimed at simplifying the processing of international sales,” the company said in the blog publication.