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13 MAY 2025: Trump Rolls Back China Tariffs; China Dunks on Trump for Doing It // Arab Planes and Stupid People // US Drug Companies Rejoice // Global News: China, India and Pakistan, Iran, Ukraine, and Romania

The Wright Report

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Tariff Rollbacks and Stock Market Surge

This chapter analyzes the recent U.S. government decision to roll back tariffs on China, resulting in a boost for the stock market while adversely affecting certain industries like rare earth mining. It also explores the complex implications of U.S.-China trade relations, discussing both the potential benefits for stockholders and the need for a more assertive stance against China’s economic threats.

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