How Do Tariffs Affect Businesses in 2025?
- Specific tariffs: These are flat fees charged per item. For example, if there’s a $10 tariff on imported laptops, you’ll pay $10 for each one—no matter how much it costs.
- Ad valorem tariffs: These are percentage-based. So if a product is worth $100 and the ad valorem tariff is 15%, you'll pay $15 in taxes.
Founder of TrueProfit & eCommerce Profitability Expert
Harry Chu is the Founder of TrueProfit, a net profit tracking solution designed to help Shopify merchants gain real-time insights into their actual profits. With 11+ years of experience in eCommerce and technology, his expertise in profit analytics, cost tracking, and data-driven decision-making has made him a trusted voice for thousands of Shopify merchants.
Harry Chu is the Founder of TrueProfit, a net profit tracking solution designed to help Shopify merchants gain real-time insights into their actual profits. With 11+ years of experience in eCommerce and technology, his expertise in profit analytics, cost tracking, and data-driven decision-making has made him a trusted voice for thousands of Shopify merchants.
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