New Delhi, April 10 -- As the Chinese stock markets rallied in the face of sweeping tariffs by US President Donald Trump, Capitalmind founder and CEO Deepak Shenoy in a post on X (formerly Twitter) quipped, "Either stock markets are stupid or Chinese products are still gonna make their way to the US anyhow."

Shenoy's comments come as China's stock market jumped nearly 2% and the Hong Kong Hang Seng index surged 4%, even as the US raised tariffs on the world's second-largest economy to a whopping 125%, escalating trade war worries. At the same time, Trump also announced reduced 10% tariffs for the next three months for most other countries.

This move, according to Shenoy, will only allow China to export goods to the US via other countrie...