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

Upworthy Monday, 12 May 2025 ()
S&P 500 futures rallied 2.77% this morning after U.S. Treasury Secretary Scott Bessent announced a drastic reduction in trade tariffs on China. All the major indexes in Europe and Asia went up on the news. But China's markets are rising higher than U.S. stock—an indicator that investors think the…
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