By Krystal Hur
Stocks that could suffer from President Trump's draconian trade policies rallied Monday, after the White House and China agreed to hefty tariff cuts. Among the notable gainers, rising 7% or more:
-- Williams-Sonoma $(WSM)$: The home-furnishings retailer sources nearly a quarter of products from China.
-- Estée Lauder $(EL)$: The cosmetics company's executives warned this month that tariffs are hurting consumer confidence in China.
-- Best Buy $(BBY)$: The consumer-electronics retailer has cautioned that tariffs on China would slow a key measure of sales growth.
-- Lululemon $(LULU)$: The Canadian active-wear brand makes many products in Southeast Asia and generates a majority of sales in the U.S.
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(END) Dow Jones Newswires
May 12, 2025 10:04 ET (14:04 GMT)
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