Stocks soared on April 13, 2025, as tariff exemptions on critical imports helped alleviate some of the concerns about rising costs and trade disruptions. The global stock market saw broad gains, with European markets and the U.S. markets rallying in response to the news. The Dow Jones posted a 2% gain, while the S&P 500 saw a 1.8% increase.

This rally is considered a relief for global investors who had been worried about the escalating impact of tariffs on international trade. The relief rally is expected to continue, especially as global supply chains start to stabilize.