The President of the United States Donald Trump made it known that the new ones duties on semiconductors will be announced within a few days. “The duties will come into force in the not far future,” said the head of the White House, referring to Specific taxes on semiconductors that would follow similar measures for steel, aluminum e cars. When asked about what would have been the rate for semiconductors, he replied: “I will announce it over the course of next week”.
Asian bags close up, the European ones are good
The Asian bags they closed up. The fears of the commercial war were mitigated by the announcement of Trump of tariff exemptions for electronics: smartphones, semiconductors, computers and other devices with “mutual” duties would be excluded.
At Hong Kong the Hang Seng index ends at +2.36% and 21,408 points. In Asia, the composite index of Shanghai rises by 0.76%, to 3,262.81, while that of Shenzhen advances by 1.15%, at 1,903.49. Tokyo also well with Nikkei ends at +1.27% and 34,011.5 points. Seul earns 0.95% to 2,455.89 points.
European bags are also up. Milan has increased the earnings halfway through the session, in line with the other squares. The FTSE MIB index travels around the %i. Investors also celebrate the fact that last Friday in the evening, the S&P Global Rings agency improved the long -term sovereign rating of Italy by a level, leading it to ‘BBB+’ from the previous ‘BBB’. No title on the price list is down. Tim shines +5.26%. Banking with Mediobanca +4.41%, Banca Mediolanum +3.86%, BPM +3.55%, MPS +2.38%, Unicredit +2.18%, Pop Sondrio +2.06%, Intesa +2.25%. Among the energy in evidence Saipem +4.2% and Eni +3.88%. Earns also for Stellantis at +4% in view of the shareholders’ meeting of tomorrow. On the bond market, the spread between ten -year BTPs and German bund omologists travels under 119 points, decreasing compared to the latest closing at 123.4 points, after S&P raised the rating on Italy. The yield drops to 3.72%.
XI Jinping: “Protectiveness does not bring anywhere”
Il protectionism “He does not bring anywhere” and one commercial war He would not have “winners”. The Chinese leader said so Xi Jinping while inaugurating a tour in Southeast Asia with a visit to Vietnamaccording to what was reported by the state media.
“Our two countries should resolve the multilateral commercial systemthe Stability of global industrial and supply chains and supply and a Open and cooperative international environment“, XI wrote in the Vietnamese newspaper Nhan Danaccording to what reported by the press agency Xinhua of Beijing.
Tajani: “We need dialogue to help Italian companies”
“Even among friends, sometimes there may be moments of contrast but this does not mean that the strategy must be changed. The problems face and solve together, for this reason the dialogueil comparison“. The Foreign Minister Antonio Tajani and Osakaafter the US president Donald Trump reiterated that Nobody will save themselves from duties.
“Now you have to go on with dialogue, this is fundamental, all companies ask us and we are trying to help Italian companies using the common sensewithout panic and without reacting in an inconsultant way, because the calm is the virtue of the strong“added the owner of the Farnese.