Trump’s announcement on separate tariffs on electronic devices has risen today to the markets
European stock markets have been opened today with a clear rise, following the announcement of the US authorities for exceptions from the customs duties of high -tech products, with the first smartphones and computers, in the midst of trade war with Beijing.
Around 10:05 (Greek time), in the first transactions after the stock markets, Paris won 2.14%, Frankfurt 2.10%, Milan 2.04%and London 1.60%.
Rise in Asian stock markets and technology companies
Trump’s announcement of separate tariffs on electronic devices today brought rise to Asian markets today
Asian markets are moving up today, Good Monday, as trade has slightly retreated after Donald Trump’s statement that electronic devices, such as smartphones and laptops, will not be subject to the same high duties, as other products.
The Japanese Nikkei 225 rose 1.8% to 34,189.37 points and the South Korean Kospi also rose 0.8% to 2,452.42 points.
The shares of technology companies are also on the rise, with Tokyo Electron raising 2% and Advantest, a 5.4% testing company.
South Korea’s largest company, Samsung Electronics, also rose by 1.4%.
Finally, Hong Kong’s Hang Seng scored 2.4% at 21,419.59 points, while the Shanghai Composite index rose 0.9% to 3,266.26 points.
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.