PDD is trading at 3.44% up now at $128.55 after a sharp 5.32% drop to $124.27 on October 10, 2025, which was triggered by renewed U.S.-China trade tensions and President Trump's threat of a 100% tariff on Chinese imports. The rebound today reflects a recovery from the steep selloff, as investors reassess the impact of tariff risks and global market sentiment improves, with futures surging and risk appetite returning. No new company-specific news was reported today, but the price action is directly linked to the prior session's major tariff headlines and subsequent market stabilization[1][5].