Markets rebound amid latest US-China tariff spat as traders look to possible ‘Taco trade’

<p>European indices rise and cryptocurrencies rebound as new front in trade war looks less severe than feared after Trump post</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/oct/13/asian-stocks-tumble-fresh-us-china-trade-spat-chinese-exports-top-forecasts-business-live">Business live – latest updates</a></p></li></ul><p>European stock markets have edged higher and cryptocurrencies rebounded amid signs that a new front in the US-China trade war may not be a severe as first feared.</p><p><a href="https://www.theguardian.com/us-news/2025/oct/10/trump-china-tariffs">Tensions between Washington and Beijing escalated again on Friday and over the weekend</a>, as Donald Trump threatened to impose additional US tariffs of 100% on China starting next month.</p> <a href="https://www.theguardian.com/business/2025/oct/13/markets-rebound-us-china-tariff-taco-trade">Continue reading...</a>