A month after President Donald Trump’s April 2 tariff offensive, some emerging market equities have come back stronger as the countries stay clear of the US-China dispute and governments strive to clinch a deal with Washington.
Equity benchmarks in India, Mexico, Brazil and South Korea have recouped all of their losses since the tariff shock and are among the best performers globally. Chinese and Hong Kong stocks have stumbled as a stand-off between Washington and Beijing continues.
