The entire market has turned sour on Chinese stocks despite what promise of upside they may have brought over the past two quarters. Asia’s powerhouse beat the S&P 500 index in terms of price action until talks of trade tariffs being rolled out by President Trump started to create fear and uncertainty for the future of China’s economy as its uneven stance with trade with the United States was placed in the spotlight.
Today, however, that story may be about to change, as President Trump has decided to exempt some items from these Chinese trade tariffs, which are mainly focused on consumer electronics and semiconductors. However, most investors in the market likely also missed the details of the headline, as the new shift has included parcels coming out of China valued at $800 or less, which makes a much better (and certain) environment for a couple of retail stocks to shine back.
