Markets rebound amid latest US-China tariff spat as traders look to possible ‘Taco trade’

The GuardianMonday, October 13, 2025 at 2:12:26 PM
Markets rebound amid latest US-China tariff spat as traders look to possible ‘Taco trade’
Global stock markets, including the US S&P 500 and Nasdaq Composite, have shown a positive rebound, along with cryptocurrencies, following a recent post by Trump on Truth Social. This comes amid concerns over a new US-China tariff spat, but signs suggest that the situation may not escalate as severely as initially thought. This rebound is significant as it reflects traders' optimism and could indicate a stabilization in the markets, which is crucial for investors and the economy.
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