Trump 2.0 + BABA 2.0 - Is this purely coincidence?

1755
BABA rallied heavily during last Trump's term and it declined in Biden's and it started rallying after Trump is back.

Is it really a coincidence?
or is it something with Tariffs?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.