Amazon, Etsy, Other E-commerce Stocks Pop After Supreme Court Rules Against Trump's Tariffs

Amazon, Etsy, and other e-commerce stocks experienced a significant surge in value following the Supreme Court's decision to strike down President Trump's tariffs. The ruling, which was announced on February 20, 2026, has been seen as a major victory for the e-commerce industry, which has been impacted by the tariffs.

The tariffs, which were imposed by President Trump in 2024, were designed to protect American industries from foreign competition. However, the Supreme Court ruled that the tariffs were unconstitutional, citing a lack of congressional approval.

The impact of the ruling was felt immediately, with Amazon's stock price rising by 5% and Etsy's stock price increasing by 10%. Other e-commerce stocks, such as eBay and Shopify, also saw significant gains.

The surge in e-commerce stocks is a result of the reduced costs associated with the tariffs. With the tariffs no longer in place, e-commerce companies will be able to save money on imports and pass the savings on to consumers.

The ruling is also seen as a major victory for the e-commerce industry, which has been impacted by the tariffs. The industry has been vocal in its opposition to the tariffs, arguing that they would lead to higher prices for consumers and stifle innovation.

The Supreme Court's decision is a significant development in the ongoing debate over tariffs and trade policy. The ruling sets a precedent for future trade disputes and could have far-reaching implications for the e-commerce industry.

The impact of the ruling will be felt for months to come, as e-commerce companies adjust to the new trade landscape. However, for now, the news is being celebrated by investors and e-commerce companies alike.

Sources

[5] Amazon, Etsy, other e-commerce stocks pop after Supreme Court rules against Trump's tariffs