The U.S. equity markets opened today’s session solidly to the upside, and largely added to those gains as the day wore on. Traders appear to have put the latest trade escalations between the U.S. and China, aside, at least temporarily. On Monday President Trump announced a new series of tariffs on goods from the key trading partner, this time targeting another $200 billion in goods. What’s more, he warned of potential further levies down the line. Unsurprisingly, China responded with higher tariffs on U.S. goods, though it fell short of making it a dollar-for-dollar match.