Nine of the 20 biggest wealth gainers this year are Chinese, while 15 of the biggest losers are from the US, signaling a sea change in market sentiment.

President Trump on Sunday said there were no exceptions made to his tariff announcements, adding that "nobody" will see an exemption in his widening trade war. The message, posted to Truth Social, came after some electronics were excluded from his administration's 145% import levies on goods from China.