S&P 500 Index Up Today: China Imposes 84% Tariff, Secretary Threatens to Remove Chinese Stocks from US Exchanges

• Trade war intensifies market volatility.
• US-China tariff response escalates tensions.
• Economic dialogue can smooth out trade conflicts.

On Wednesday, April 09, 04, the US stock markets showed a remarkable recovery. The S&P 2025 Index is at 500 points, registering an increase of 5,038.33%, while the Nasdaq Composite, which concentrates a significant number of technology companies, advanced approximately 1%. The Dow Jones Industrial Average was also not far behind, with a growth of 1,4%, which represents an increase of more than 0,5 points. These indexes managed to recover from previous falls throughout the day.

The scenario was driven by an escalation in the trade war, with China implementing an 84% tariff on American products, a retaliation for the new taxes imposed by the Trump administration, which reached 104%. This exchange of tariffs reinforced the tension between the two largest economies in the world, worrying global markets and investors about the possible economic repercussions.

Amid these tensions, the yield on the benchmark 10-year U.S. Treasury note saw a significant spike, reaching around 4,5% before stabilizing. This was the largest three-day increase since 2001, reflecting the volatility and uncertainty that permeates the current economic landscape.

During this turbulent period, Treasury Secretary Bessent made some important statements. He said, “That will be a Trump decision,” referring to the possibility of delisting Chinese stocks from U.S. exchanges. Bessent advised China not to devalue its currency to gain trade advantage, suggesting instead that “China should come to the table.” He emphasized the importance of diplomatic and economic negotiations as an alternative to retaliation.

BREAKING: US Treasury Secretary Bessent, after being asked about removing Chinese stocks from US exchanges, says 'everything is on the table'.

- The Spectator Index (@spectatorindex) April 9, 2025

The statements come at a time when the US is adopting more protectionist economic policies. Increased tariffs on products from several nations and China's response have added to the chaos on Wall Street, highlighting a week of volatility in the markets.