Asia’s main stock market indexes were rising after Wednesday morning after Donald Trump The nervousness that followed from customs intentions drove the Wall Street indexes to the red.
On Tuesday, the S&P 500 index ended on the lowest level since the presidential election in November.
On Wednesday morning, at eight in Finland, the continental China’s CSI 300 index was 0.4 percent rising, Hong Kong’s Hang Seng index by 2.1 %.
Port services, retail, telecommunications and infrastructure sectors CK Hutchison Holdings was more than 20 % rising. US asset management giant Blackrockin On Tuesday, an investor group announced that it would buy a majority share from CK Hutchison from its Panama channel companies.
CK Hutchison runs key ports on both sides of the Panama Canal, and the trade is based on the attempt to transfer ports to US ownership with Trump’s pressure. The value of the transaction is about $ 22.8 billion.
China’s largest semiconductor manufacturer were also on the rise Minimum wage (+5.4 %) and Teslan with a competing electric car manufacturer BYD (+4,1 %).
At the time of the review, the Taix index of Taix was 1.2 %. In particular, local energy companies were on the rise. Japan’s Nikkei 225 index was 0.4 % rising, as was the wider Topix index.
Trump’s trade policy is nervous
The market is now closely monitored by Trump’s trade policy measures. Customs to Canada and Mexico in neighboring countries of the United States came into force this week.
While talking to the United States Congress on Tuesday, Trump admitted that duties may accompany a “adjustment period”, but annoyed the positive effect of the tariffs on the US economy.
US Minister of Trade Howard Lutnick In an interview with Fox on Tuesday, he realized that the Trump administration might still indicate plans to facilitate the tariffs of neighboring countries within the North American Free Trade Agreement.
“Both Mexicans and Canadians were on the phone all day with me trying to show that they were better, and the president listens because he is very, very fair and sensible,” Lutnick said.
However, Lutnick did not clarify what possible the solution could be negotiable.
Futures of Wall Street Stock Exchange Indexes are on Wednesday’s rise to the rise. The futures of the S&P 500 index was 0.6 % rising and Dow Jones rises by 0.5 %.