U.S. Stock Futures Rebound as Trump Softens Tone on China After Tariff Threat
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Donald Trump (left), J.D. Vance. Photo: VCG
U.S. stock futures rebounded Sunday evening after President Donald Trump and Vice President JD Vance made comments aimed at easing tensions with China, just two days after Trump’s tariff threats triggered a massive market sell-off.
Dow Jones Industrial Average futures rose 0.7%, while S&P 500 and Nasdaq futures climbed 0.9% and 1%, respectively, in evening trading on Oct. 12, U.S. Eastern Time. The rally followed a social media post from Trump earlier in the day in which he said U.S.-China relations “will be fine” and that the U.S. wants to help, not hurt, China.
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- U.S. stock futures rebounded after Trump and VP Vance made conciliatory remarks on U.S.-China ties, following a sharp sell-off from announced tariffs.
- Dow, S&P 500, and Nasdaq futures rose 0.7%, 0.9%, and 1% respectively on Oct. 12; prior tariff threats erased $2 trillion in U.S. market value.
- Despite Trump’s reassuring statements, the 100% tariff plan on Chinese goods remains, and China says its export controls are legal, warning of countermeasures.
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What Happened When
- April 2025：
- The S&P 500 previously had its worst single-day loss since this month.
- Oct. 10, 2025：
- President Trump announced plans to impose an additional 100% tariff on all Chinese goods starting Nov. 1, 2025, and restrict key software exports in response to China’s new export controls on rare earths.
- Oct. 12, 2025：
- Dow, S&P 500, and Nasdaq futures rebounded after Trump and Vice President Vance made conciliatory comments regarding China.
- Oct. 12, 2025：
- Vice President Vance gave a television interview discussing U.S.-China relations and willingness to negotiate.
- Oct. 12, 2025：
- Beijing’s Ministry of Commerce defended China’s new export controls on rare earth items and commented on U.S. actions.
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