Shopify Seeing ‘Little Evidence’ of Tariffs Sparking Slowdown for Merchants

Shopify Inc.’s executives say even though businesses are shaking up their operations to cope with a global trade war, their company has yet to notice the unrest putting a damper on commerce.
The Ottawa-based technology firm has been monitoring for potential slowdowns stemming from tariffs but numbers for April “show little evidence of that,” president Harley Finkelstein said Thursday.
Despite the comfort in the numbers, businesses using the e-commerce software his company sells aren’t leaving anything to chance.
“Merchants are considering when to change sourcing countries, when to buy inventory, or even adjusting product mix in their catalogues,” chief financial officer Jeff Hoffmeister told a conference call with analysts to discuss the company’s latest results….