China: Stock markets rise after the imposition of tariffs
Photo: Internet
Published at: 10/04/2025 09:15 AM
This Thursday, the stock markets of the People's Republic of China continue to rise despite the imposition of new tariff rates that the administration of the President of the United States (USA), Donald Trump, established on products from the Asian giant, which amount to 125%.
Although Trump's actions initially caused a crash in the Shanghai and Shenzhen stock markets, with falls of 7.34 and 9.66 percent, respectively, the indices managed to recover this Thursday, registering an increase of 1.29 percent, equivalent to 40 points, and 2.29 percent, representing 230 full points.
The Hang Seng, the main stock exchange in Hong Kong, also experienced a notable rise, reaching a rise of 600 points shortly after opening, which translates to a total of 20,900 points.
Widespread increases in Asian markets (Tokyo, 9%, Seoul, 6%) due to Trump's 90-day moratorium on additional tariff increases, beyond 10%.
In China, where, on the contrary, they rose to 125%, the stock markets also rose (Shanghai, 1%). Hong Kong, 2.4%.
Mazo News Team