#TrumpTariffs World Stock Markets Since April 1

Notes: Data as of 4 p.m. Eastern on Monday.

Source: LSEG Data & Analytics

Karl Russell and Pablo Robles



By River Akira Davis and Jason Karaian

River Akira Davis reported from Tokyo and Jason Karaian from London.

May 11, 2025

Stocks swung sharply higher on Monday after the United States and China agreed to temporarily lower tariffs on each other, a significant step-back in the trade war that’s roiled markets for nearly six weeks.