After the U.S. Supreme Court overturned President Trump's key tariff policy, comprehensive tariffs may be canceled, leading to a rise in the stock prices of e-commerce platforms. Amazon (AMZN.US) rose over 2%, PDD (PDD.US) and eBay (EBAY.US) each rose over 4%, Etsy (ETSY.US) increased by more than 6%, and Canadian e-commerce platform Shopify (SHOP.US) rose by 3%.
The U.S. Supreme Court ruled 6 to 3 that Trump did not have the authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA), stating that the law does not explicitly authorize such measures

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The U.S. Supreme Court overturned Trump's tariff policy, which may lead to a complete cancellation of tariffs and drive up e-commerce stocks. Amazon rose over 2%, PDD and eBay each rose over 4%, Etsy rose more than 6%, and Shopify rose 3%. The Supreme Court ruled that Trump did not have the authority to impose tariffs under the International Emergency Economic Powers Act

AASTOCKS

Direxion Daily AMZN Bull 2X Shares

ProShares Online Retail

GraniteShares 2x Long AMZN Daily ETF

VanEck Retail ETF

GraniteShares 2x Long PDD Daily ETF

Amazon

eBay

Shopify 

Roundhill AMZN WeeklyPay ETF

Amplify Online Retail ETF

Direxion Daily SHOP Bull 2X ETF

SPDR S&P Retail ETF

KraneShares 2x Long PDD Daily ETF

ETSY

Global X E-commerce ETF

Trump's tariffs face setbacks, Amazon, PDD and other e-commerce stocks rise together