Stocks Around the World Have Recovered From Their Tariff Tantrum
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Equity benchmarks around the world have recouped their losses in a roller-coaster six-week stretch since the acceleration of US President Donald Trump’s tariff offensive.
The temporary trade truce between the US and China boosting dozens of benchmarks, and helped some including the S&P 500 to exceed their levels from before the tariffs were proposed on April 2. Gauges from countries that bore the brunt of the president’s threats — like those in Hong Kong, China and Canada — have risen back above their early-April levels.