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Why Shopify Stock Is Up Today

TheMotleyFool

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The so-called "de minimis" tariff, a tax on low-value imports, has been cut as part of the United States' ongoing talks with China.

That's a relief to online small businesses and the companies that serve them. Shares of Shopify (NASDAQ: SHOP) traded up 4% as of 1 p.m. ET on hopes that trade policies are shifting back toward its favor.

Image source: Getty Images.

Source Fool.com