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.