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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May 12, 2025 10:04 ET (14:04 GMT)

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