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

• S & P 500 futures combined 2.77% this morning After the US Treasury Secretary Scott Bessent announced an enthusiastic reduction in Chinese trade tariffs. All major indexes in Europe and Asia have climbed the news.

Talking to Geneva where US and China talked all weekends, the Treasury Secretary Scott Bessent said the US was shorter in China’s tariff in 55%), and from 145%), and from 12% (down from 125%). Decreases last for 90 days while further trading talks continue. A different tariff of 20% in China, intended to prevent the export of Fentanyl, stay.

Although tariff rates are 10-30% still in history high, Equity investors compliment news as a step forward. Stocks immediately, and all the main indexes of Asia and Europe are up to this morning.

Especially, Hong Kong’s Hang Seng Rose 3% and now has a 20% year so far. The mainland of China CSI 300 index is up to 1.2% and just dropped 1.7% year so far. On the contrary, the US S & P 500 has fallen to 3.8% since the turn of the year – an indication that investors facing Tariff companies who destroyed Asian companies.

Here is a snapshot of action before the New York bell opening:

• In the US, S & P 500 futures is in excess of 2.7% this morning. The S & P closed earning 5,659.91 on Friday, but that looks set to re-open the bell in New York. THe S & P Down 3.8% YTD.
• Hong Kong’s Hang Seng It’s up to 3% now, and it’s 20% YTD.
• CSI 300 Rose 1.2%.
• Kospi in South Korea has been up to 1.17%.
• the Stoxx Europe 600 is in 0.6%.
• the Vix Feld Index dropped almost 10% now.

Wedbush’s analyst Daniel Ives and his team welcomes between Wasper months in future months of the days of coming days in the days of the days of the days of the days in the days of the days of the coming of the days in the days of the days to return the tariffs and a large win for the market and bulls. “

“We believe that new highs for the market and tech stock are now on the table of 2025,” he wrote to a note to clients.

Tariff reductions separate the impact of Starflation in the US, Estimated Bloomberg. “We expect to be translated into a 1.5% hit GDP and 0.9% raised at Core PCE [inflation] For a period of two to three years, “as in the wire.

Between rounding, however, some sound careful.

The china deals, like the uk deal, still leaves the us with much higher barriers to trade than it had before-with implications for hurther inflation from trade that was previously done with the us the deal is “a worse endpoint than the markets expected in February,” Trevor Greetham, head of multi-asset and Royal London Asset Management, told the financial season.

This story originally shown Fortune.com

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