Korea, Taiwan, and South Africa Among Hardest Hit In Trade Spat

After losing nearly 100 points from Thursday afternoon to Monday afternoon, the S&P 500 has staged a comeback, regaining all of the losses Thursday morning. While the slide was blamed on trade war fears with China, the gains come on the back of softening rhetoric from the Trump administration that has led The People’s Daily, the official newspaper of the Chinese Communist Party, to claim victory. Meanwhile, looking at the sectors and regions that got hit hardest as trade war rhetoric ramped up might illuminate the winners and losers with patterns that could repeat if the trade war talk heats up.