US-Listed China Stocks Surge As Trump Hints At Tariff Cuts and Softening Trade Tensions

Benzinga 2025-04-24

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U.S.-listed China stocks climbed Wednesday as investors reacted positively to President Donald Trump’s remarks on easing trade tensions with Beijing. Trump signaled a potential tariff reduction and expressed willingness to treat China as a fair trading partner, according to Bloomberg. Stocks, including Alibaba, PDD Holdings, and Baidu, advanced. EV makers like NIO, Li Auto, and XPeng saw strong momentum. Trump’s indication of keeping Jerome Powell at the Fed and pausing tariffs on electronics further fueled optimism.

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