Investors think China is winning Trump’s trade war as stocks rally globally

Quick Summary:

The implication is that the baseline 10% tariff will likely stay in place globally but there can be industry-specific carve-outs.

That’s good news for stocks.

Stocks rallied instantly, and all the main indexes in Asia and Europe were up this morning.

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Article Details

Author / Journalist: Jim Edwards

Category: EconomyBusiness

Markets: United StatesChina

Topics: Markets Stock exchanges Tariffs Tariffs and trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 10:29:34 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 422 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 106 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28605691

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Official Website: fortune.com

Update Frequency: 32 posts per day

Year Established: 1929

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News Last Updated: 8 hours ago

Coverage Areas: United States

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